Some people are already starting to worry about the 2022 midterm elections...
According to a recent poll, 51 percent of Americans believe Biden entered the White House through election cheating, with 74 percent Republican and 30 percent Democratic. At the insistence of the court, Arizona finally began auditing the 2020 ballot.
Martin Armstrong, a prominent financial and geopolitical cycle analyst, predicts that there will be panic in the 2022 midterm elections. He explains:
"That means the turbulent scenes will come back. A large number of people still question the fairness of the election. Polls show 51 percent, but may actually be close to 60 percent or 70 percent. And 60 percent of Americans want a third party.
Since so many people do not believe in the election results, if the White House wants to manipulate the election again, it will definitely pay a price, and it is likely to turn into a riot. “
Armstrong also believes that the Biden administration's tax increase plan, including a capital gains tax, will raise a series of problems in the near future:
"If the government increases capital gains taxes, both Republicans and Democrats will have to be forced to sell stocks or pay two or three times the tax next year, which is likely to have an impact on the world economy."
A few months ago Armstrong also said deflation would be the economy's top theme. But now he's saying he's saying it's over: Deflation is over:
"One has to realize that deflation has nothing to do with the money supply. What would you do if the economic outlook is uncertain? Saving. In Europe, putting money in a safe is one of the most popular methods.
Biden was the last straw that broke the camel's back. People predict that prices will be higher in the future than they are now. In addition, the blockade has led to a shortage of supply. Inflation caused by supply shortages has only just begun and will continue until around 2024. ”
According to Armstrong, the root cause of inflation is that people have "lost confidence in the government."
He also predicted:
"A serious war could break out between 2025 and 2027. All of this stems from the nonsense of economic restructuring. They have been using the coronavirus as an excuse to try to shut down the economy. Rents in New York are plummeting, and the housing market outside downtown is booming. In Florida, last year's $500,000 house has now surpassed $1 million. ”
Regarding Trump, Armstrong said:
"I don't think he'll be back in power until 2024."
But one exception is that if an ongoing audit in Arizona confirms a massive sham vote in the 2021 election, the state legislature could revoke Biden's eligibility.
He also mentioned that there are many factors that can cause stocks to be quickly sold off, causing the market to fall sharply. Therefore, investors are invited to remain vigilant and hedge against unforeseen developments.
Source: Golden Ten Data