Posted Mar 19, 2016 by Martin Armstrong
This came precisely on our target. This past week was the tipping point for Europe. The start of the real decline in the euro where mainstream capital begins to question whether negative rates can really reverse or stimulate the economy unfolds after 2016.202. This comes into play March 13/14, 2016. This is not my personal opinion. This is just the modeling. From this target onward, we will begin to see a crisis in confidence. Part of this will, no doubt, be the BREXIT vote in June. It is curious that the Prime Minister of Hungary Viktor Orbán chose our precise target to effectively throw the gauntlet down against Brussels. He states bluntly, that there is no freedom in Europe if we cannot speak the truth that this is not a refugee crisis, but a migration crisis.