Part 5/7:
As Europe continues its indecision on critical fiscal policies, Armstrong predicted rampant market volatility leading into 2028. He underscored that sovereign debt defaults lead to far harsher impacts than corporate bankruptcies, as no tangible security exists in the case of government defaults.
Geopolitical Tensions and Economic Fallout
Armstrong then ventured into geopolitics, spotlighting increasing tensions in Europe and the Middle East. He remarked on the war drums being beaten by various European leaders, implying that fear-mongering tactics are being used to unify public opinion against perceived threats. He pointed to a trend where leaders invoke fears of invasion to maintain their grip on power and to sidestep accountability for economic failings.