Martin Armstrong guides us through economic history. Detailing previous sovereign collapses by showing examples of similar situations to what we are witnessing today. Armstrong explains there are only few possible outcomes to the current crisis and unless a radical change occurs we will face similar fates as our ancestors have seen before. A sovereign debt crisis is nothing new, this has occurred to many civilizations over times which eventually lead to their collapse. Armstrong opens the conference with facts about outstanding government debt and takes us through historical changes of coinage. Understanding the solution starts with the big question “What is money?” Armstrong concludes the conference with a solution package how to tackle the current crisis literally in 30 days.
