Armstrong is Right: The U.S. Economic Collapse is Inevitable
Armstrong is Right: The U.S. Economic Collapse is Inevitable
The optimism surrounding Donald Trump's return to power, amplified by figures like Elon Musk and Alex Jones, presents a hopeful vision of an American resurgence. However, when analyzed through the lens of economic reality—particularly the insights of economist Martin Armstrong and the undeniable trend of U.S. deindustrialization—it becomes clear that Trump may not have the time needed to rescue America before an economic crash takes place.
The U.S. Economy Has Been Running on Borrowed Time
For decades, the United States has managed to sustain itself not through true industrial and economic growth, but by leveraging the petrodollar system, printing excessive amounts of money, and accumulating an unsustainable level of national debt. The first article in this discussion details how the deindustrialization of America has resulted in the collapse of manufacturing jobs, outsourcing of critical industries, and an increasing reliance on imports while exporting debt and inflation to the rest of the world.
Historically, the U.S. dominated global manufacturing, fueling its rise as an economic superpower. However, since the 1970s, successive administrations have prioritized financialization over production, gradually shifting the nation's economy away from industry and toward debt-driven consumption. Today, America imports far more than it exports, and its top export is not high-tech goods or automobiles—but waste paper.
Trump’s proposed solutions—including tariffs on foreign goods, restructuring U.S. debt, and possibly reintroducing a gold-backed currency—may be strategically sound, but Armstrong’s warnings suggest that the collapse is already baked into the system and cannot be reversed in time.
In his interview with Mike Adams, Armstrong reinforced his long-standing belief that the collapse of the economic system is inevitable. He made several critical points:
1. The Central Banks Are “Screwed” – The Federal Reserve and other central banks have been artificially sustaining the global economy through debt creation. This cannot continue indefinitely.
2. When the Crash Happens, The Sitting President Gets Blamed – Armstrong argues that history shows economic crashes are always blamed on whoever is in office, even if they didn’t cause them. If the system implodes under Trump, the media and political establishment will make him the scapegoat. 3. Gold and Debt Panic Signals the End – The global rush to acquire physical gold indicates that institutional investors and foreign nations do not trust the current monetary system. The panic surrounding gold, combined with the growing inability of the Federal Reserve and the U.S. government to manage their debt obligations, suggests that a tipping point is near. 4. De-dollarization is Accelerating – The dominance of the U.S. dollar as the world’s reserve currency is weakening. BRICS nations and others are actively moving away from dollar-based trade, undermining America's ability to sustain its massive debt levels.
Trump’s Smart Moves… But Not Enough Time
Trump appears to be making intelligent economic moves: - Using tariffs to coerce China and Europe into renegotiating trade deals. - Exploring the revaluation of gold as a way to backstop the dollar. - Potentially restructuring U.S. debt into longer-term treasury obligations to lessen short-term financial pressure. - Promoting a return to domestic manufacturing and energy independence.
However, even if his policies make economic sense, Armstrong’s assessment suggests they will not be implemented fast enough to avert a collapse. The reality is that the financial rot has been accumulating for decades. Trump may be trying to buy time, but if a major economic downturn occurs in the next year or two, his administration will not be able to build up America quickly enough to stop it.
Conclusion: The Clock is Running Out
While figures like Musk and Alex Jones champion the idea that a new golden age is ahead, Armstrong’s analysis suggests otherwise. America has become too dependent on the petrodollar, financial manipulation, and debt-driven spending, rather than real economic productivity. The signs of collapse—de-dollarization, exploding debt, and a rush toward gold—are already here.
Trump may be positioning himself as the economic savior, but if history is any guide, he will be blamed for the coming crash even though its roots go far deeper than his administration. Armstrong is right: the economic collapse of America is inevitable. The only question left is when.