In this episode, economist Martin Armstrong provides a deep dive into the global economic landscape, highlighting the impending shift from public to private debt, the potential collapse of current government structures by 2032, and the rise of geopolitical tensions. He discusses historical precedents, the current state of Western democracies, and the implications of these trends for the future. Armstrong also explores the flawed design of the Federal Reserve, the impact of policymakers on the global financial system, and the potential for a major debt crisis starting in Europe or Japan around 2027. Tune in for a comprehensive analysis of the…