Prediction: Economic Collapse, Civil Unrest in America by 2016

” As we have seen in numerous countries across Europe, including in Belgium just today, crippling austerity measures combined with anemic economic growth have set the stage for violent unrest.”

Violence. Rioting. Looting. Economic collapse and civil unrest. This isn’t a dystopian movie plot, but something else according to an economist with a good track record for prognostication: America’s dark future.

The economist is Martin Armstrong, whose correct predictions include the 1987 Black Monday crash and the 1998 Russian financial implosion. And now he’s predicting civil unrest in America by 2016, precipitated by an economic collapse which he calls “the magic ingredient.” “Turn the economy down,” he continued, “and you get civil unrest and revolution.”

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