Be careful about calling things too early. Personally I don't think things will collapse by 2016 it is just too soon for collapse.
There is plenty more "dry power" QE to be thrown at the world economy.Confidence in central banks is not yet broken and I doubt it will be by 2016.



I think you posted this picture up thread somewhere or I saw it after following one of your links. I am remain skeptical of Armstrong being a big skeptic of prophets in general. Nevertheless, the time frame here 2033 seems more realistic to me.

I can see the populace starting to lose faith after the next 19 years are filled with a full generation of QE. However, if the economy takes a dive in 2016 I think we will just see QE 5 and kick the can a little farther down the road.



“All censorships exist to prevent anyone from challenging current conceptions and existing institutions. All progress is initiated by challenging current conceptions, and executed by supplanting existing institutions. Consequently, the first condition of progress is the removal of censorship.” - George Bernard Shaw (Socialist and founding member of the Labor Party)