Financial Survival Network, Released on 11/7/24

The 2024 election has ended with Trump winning decisively, and Kerry Lutz and Martin Armstrong reflect on the implications of this outcome. Armstrong, who had previously predicted Trump’s victory based on economic trends, discusses the left’s response, marked by disbelief and protests. He also analyzes how political infighting and criminal charges against Trump backfired, leading to a stronger position for him and the Republican platform. Armstrong highlights that Trump’s return will likely bring immediate changes, including swift policy reversals in foreign and domestic agendas, particularly around immigration, economic reforms, and an emphasis on de-escalating overseas conflicts. The conversation extends to the international stage, with Armstrong noting the shift in global sentiment against long-standing Western policies, particularly NATO’s role in global conflicts. Armstrong predicts that neoconservatives may attempt to counter Trump’s agenda, especially his desire to end U.S. involvement in international wars. He foresees challenges in reining in national debt and suggests a shift toward tariffs and less borrowing. Armstrong emphasizes the potential for a major economic reset as the public turns away from “socialist” and “neo-Marxist” influences, with the decline of these ideologies expected to complete around 2037.

Martin Armstrong is a world renown economist and the creator of the Economic Confidence Model. He is the founder of Armstrong Economics – a public service and blog for the average person to comprehend the global economy and for professionals to access the most sophisticated international analysis possible.

  economy, investing, markets, politics, Trump