I read Mitch's book PLANET PONZI so I know what is ahead for all of us and It ain't nice. Most people do not have a clue what is about to hit them. Anyone relying on government is in for an even worse time.
Martin Armstrong Reports the following and he is not known as the Forecaster for nothing.
ECONOMIC CONFIDENCE MODEL
From an economic viewpoint, the economy turned down Wed. Sep. 30, 2015 on a global scale coinciding with our Cycle of War on the international model.
We should see the economy turn downward into a steeper recession moving into Tue. Oct. 24, 2017, which is the next turning point on the Economic Confidence Model followed thereafter by Tue. Jun. 12, 2018.
Caution is advisable for it appears we should see an overall recessionary trend emerge on a global scale this time.
The critical political target on our Pi Model will be Mon. Oct. 22, 2018, where typically important political events unfold. Overall, this economic decline should continue into the next low of the Economic Confidence Model which will be due on Sat. Jan. 18, 2020.
Great recap: "Caution is advisable "