Global Wars, Depressions, Defaults & Debt Crisis Begin in 2025 – Martin Armstrong

By Greg Hunter’s USAWatchdog.com (Saturday Night Post)

Legendary financial and geopolitical cycle analyst Martin Armstrong is back with an avalanche of problems coming to the world starting in 2025.  Depressions, defaults, debt crises and wars are going to sweep the globe, according to Armstrong and his “Socrates” predictive computer program.  Armstrong has called every big economic turn in the past three decades.  He predicted Trump would win the 2024 Presidential Election in a landslide many months ahead of November.  Armstrong called the huge stock crash of 1987 to the day.  He predicted the dot com boom and bust in 2000.  He was spot on calling for the Great Recession of 2008 and 2009, and now, we are headed for more big turns.  Armstrong says, “The last one turned on May 7th of last year.  That was the same day Putin had his inauguration, and it was the same day a couple of Ukrainian colonels tried to assassinate Zelensky.  From there, we are turning down into a global recession, which won’t bottom until about 2028.  Central banks started cutting rates right after that, and I think Canada was the first.  It’s going to be more of a depression in Europe, a very sharp recession in China, and it won’t be as bad in the United States. . . . When you create a debt crisis, that’s what causes a depression.  The stock market going down is the least damage to an economy.”

Europe has trillions of dollars of unpayable debt, and Armstrong says, “The leadership knows if they don’t have war, the people will come after them.”

What will be the next big turn?  Spoiler alert, it has to do with war in Ukraine and Russia.  Armstrong says, “Europe does not want peace.  Look at things the EU has said: that Russia is too big and has to be broken up.  I have very good contacts very high up, and they really do think they can conquer Russia.  It has $75 trillion in natural resource assets.  They will then control that . . . Once they get their hands on that . . . they will rise to the top of countries of the world,  like the Roman Empire will be resurrected or something.”

But instead of the EU winning a war against Russia, Armstrong predicts, “They will lose bigtime.  The third time is not going to be the charm. . . . The euro will disappear, not the dollar.”

The timing of the next big turn for war?  Armstrong says, “After May 15, war is turning up (in Ukraine) and it will be turning up into 2026.  If I am Putin, there is no way I am signing a peace deal.  Putin signed a peace deal (in 2015) and what did they do?  They built an army while Russia didn’t.”

Armstrong predicts China will come in on the side of Russia, and there could be as many as “one billion dead and wounded” as a result.  What should the US do?  Armstrong says, “I have been talking to people in Washington, and I have told them to ‘Get the hell out of NATO.’  There are plenty of people warming up to that idea.”

Armstrong predicts if that happens, capital will leave Europe and flow into the US as a safe haven.

Armstrong also thinks gold will hit $5,000 per ounce at the next target, but it will not hit that price until war takes off in Europe and Ukraine.  Armstrong also thinks the Democrat party will split in two, and they will not retake the House of Representatives in 2026.

Does the conflict between Pakistan and India blow up or blow over?  Armstrong says, “My computer (Socrates) says it blows up.”

There is much more in the 64-minute in-depth interview.

Join Greg Hunter of USAWatchdog.com as he goes One-on-One with Martin Armstrong as he gives his analysis on war, default, depression and unpayable debt that will make a huge mess for the world for 5.3.25.

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After the Interview:

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Comments
  1. Jeff

    It is always good to see martin Armstrong. His socrates has been extremely accurate.

  2. H. Craig Bradley

    Greg:

    Both Trump and Putin are “riverboat gamblers.” They will stop short of a major war; and Trump will ignore Article 5 if it suits him.

  3. Stephen O'Neal

    Hi Greg, I guess by proper coincidence you were working the session with Martin when I distributed this discussion (below). I’ll certainly enjoy listening to you and Martin in a moment, and find an ever increasing appreciation for the caliber of journalism among the alternative media community. My only regret is that my path of life has not been among the circles who have the privilege to know this brilliant and generous man. Also, and in particular, I find it a shame that I have not been able to find, beyond some comments on John Moore’s roundtable, an avenue to form an intersection between Martin’s and Dane’s (Wigington) work, as I firmly believe that much benefit to mankind would occur from a cross examination of their perspectives. In any event, keep up the good work. ….All the Best , Steve O’Neal

    ———————————-
    Discussion: Global logistic considerations 5-2-2025
    As Armstrong is neither disposed to understatement nor exaggeration, it appears prudent that I have secured the recent extra kilowatt-hour capacity and arrangement for expansion of the flock. By any reasonable precedent, and barring a self-evident bloom of historical imperialism, one would readily default to the tendency toward equilibrium in global affairs, and not this utterly hyperbolic and refractory consensus of European hubris [1]. In addition, we are also faced with a serious ambiguity regarding the solidity of Trump’s strategic paradigm, and an unnerving generality in the European commitment as is evidenced by the French Senate voting 372 to 99 in favour of war with Russia. The analytical alignment of sovereign decline, Western decline, and global war to peak over the next several years, together with these radical developments that seem to indicate a dimension of mass formation psychosis, is, to make an understatement…… concerning.

    This is the second time in a week that Armstrong has offered strongly worded warnings regarding Europe and the Ukraine-Russia affair. One might expect gold to continue an upward trend on intelligent concerns for war in the timeframe suggested by Armstrong, although any realistic preparation would defer to investment in independent power capability, especially the lithium iron batteries, anticipating the accelerated tariffs [2]. Evidently Buffett and I have similar views on the generalised use of tariffs [3]. From the general investment perspective, I would take particular note of Armstrong’s observation –

    “….If I were Putin, I would be preparing for outright war with NATO. If Trump does not wake up, he will drag the US into a third European War, which could even be by the fourth quarter of 2025.”

    ————–
    [1]
    https://www.armstrongeconomics.com/world-news/war/if-trump-does-not-wake-up-the-eu-will-invoke-article-5-and-take-us-into-wwiii/?awt_a=1JPVU&awt_l=g.CBRg&awt_m=8wgv3aR9kOqvxrVU

    [2]
    https://www.ufinebattery.com/blog/comprehensive-analysis-of-u-s-tariffs-on-chinese-lithium-batteries/

    [3]
    https://www.cnbc.com/2025/05/03/warren-buffett-knocks-tariffs-and-protectionism-trade-should-not-be-a-weapon.html

  4. Rodster

    Thank you Greg for bringing Martin Armstrong back on. London based mediator Alexander Mercouris is saying that this is now Trump’s war and unfortunately as much as I like Trump, Mercouris makes solid points to his argument. By supplying Ukraine with more weapons via the minerals deal, he is prolonging this war.

    https://www.youtube.com/watch?v=Dy60zHLlNGU

  5. Mike S

    Pretty sobering Martin..All of a sudden it hit me!

    How blessed I am that my Grandparents came over from Italy in 1900 or so!

    God Bless.

    Mike

  6. Really Awake

    It’s gotten to the point, now, that the “Winds of War” are blowing stronger every day. It’s to the point that it’s obvious to the general public. So, the general public is being conditioned to accept, yet, another world war. Only this time, it won’t be like past wars. The technology of war, the sophistication, the mass killing capacity, the sheer horror of modern warfare will reduce mankind in the billions and destroy civilization something like, but much, much worse than the Bronze Age Collapse.

    Marty says the death toll is probably a billion or more. To me that means a neo-Dark Age is coming. Hopefully, Jehovah and Jesus saves mankind from itself.

  7. jon

    If we take into account that Putin entered the leadership of Russia with the same 5th column internal and external deep state, foreign carpet baggers and Global banking cartel to take down and strip Russia. And realize that Trump is facing the exact same situation here in the USA. Then it is a logical step to believe that Putin fully understands this and is a brethren of sorts with Trump, and will extend any reasonable accommodation with the Trump administration.

  8. Stephet ne apn o Ryals

    Greg, Martin is solid. Here is the breakaway. He doesn’t take God into his equation. The rapture or the tribulation period. So basically he is wrong. God told u exactly how this goes down. It’s called Revelations. No one can stop what’s coming. Your lord and savior Trump the antichrist is about to full evil. Stargate warp speed genocide transhumanism one world he is. the King for the Jews. Then Jesus crushes him. Being saved is a heart issue not a prayer. if I want this world you will not see heaven. The Bible says to Not to be apart of the world. come out of it. Heart issue. saved

  9. KSR

    ” He predicted Trump would win the 2020 Presidential Election in a landslide many months ahead of November.” Don’t you mean 2016 or 2024?

    • Greg Hunter

      KSR,
      Yes, my bad. I fixed that and thank you for pointing it out.
      Greg

  10. plumber bob

    Thanks Martin and Greg!!!,,Hopefully Karen recovers,,will be praying for her,,I have heard of a lot of women having that same issue ???? I see more f16 assistance to Ukraine both from NATO and the US which Russia will destroy easily,,,Pakistan~India about to go at it,,,I just read Turkey is jamming Israeli aircraft over Syria today,,,,lots happening,,,,, If Nato pushes Russia in the slightest I think the world will be shocked at the response,,,,like Martin said,,,,,everyone has been warned over and over,,,,,,I don’t believe Russia needs help from China,,,,,America still doesn’t have a functioning hypersonic,,,the new F47 is a great advance forward with new propulsion system,,,(just by looking at it I already know how it functions),,,,but is won’t take the place of multi faceted hypersonic systems,,,,,everyone in our country has been dumbed down so much it might be awhile before we have one?,,,,my gosh even Trump had to sub out modifications for the renovation for the 747 for Airforce One so he has something reliable to conduct Americas affairs,,,,,,,,we have fallen way way behind,,,,Thanks again Greg and Martin,,,,,everyone pray for Karens recovery!!!

  11. Thomas Fiust

    I remember around 1995, my Economics professors at U of A, were touting this impending European Union with these centuries-old countries/cultures as if they were like the young United States. The northern Europeans have a strong work ethic. Southern Europeans, like Italy, are content to baking in the Mediterranean sun, sipping wine and minding olive orchards. I suspected this EU plan was doomed, in 1995.
    Aloha from O’ahu,
    from a Polish, Spanish, Korean, Filipino, Chinese, and French,
    AMERICAN.

  12. Galaxy 500

    Damn, Greg. Martin is the man.
    Wow.. Just Wow. Great interview Greg!
    Martin never disappoints. And his big calls are usually correct.
    Let’s not forget that Martin called for the financial collapse of the Soviet Union.
    Martin is a smart guy. He is well connected. He understands the deviant avaricious elites running the EU. These people are in the process of destroying their own countries and people’s thinking that they can “train” the moslems and the Africans.
    The UK is lost. They are now part of the Caliphate. The moslems raped, murdered and robbed their way into power. I think it is too late for the real English.
    But I digress.
    Get America out of the corrupt Club called NATO. You know the one where the USA is expected to not only pay for the Lion’s share of expenses but also provide the cannon fodder for their endless squabbles.
    And get us out of the UN as well.
    After listening to Martin on gold, makes me want to have more. And more food, water and ammo as well LOL

    • Greg Hunter

      Thanks 500!! I agree, Armstrong is the man! Buy gold, silver, food, water, and pray every day for divine protection to God the Father, Jehovah, in Christ Jesus’ name!
      Greg

  13. Nina

    Putin is a communist.He is amassing a huge army. North Koreans and Chinese soldiers are in Russia . He is getting ready to invade the Baltics and Finland. He is packing Kaliningrad and Belarus with military equipment,Wake up !!!

  14. Galaxy 500

    If you haven’t figured it out yet. Feral humans are dangerous. You can not understand these animals. They are violent and run in packs like hyenas.
    This man should be tried next week and upon being found guilty, he should be hanged. Society has the right to protect itself from evil
    https://www.thegatewaypundit.com/2025/05/ohio-father-charged-murder-after-allegedly-running-deputy/

  15. Galaxy 500

    Why should America waste men and money to protect Europe? From a war that EU started, that the EU wanted?
    Let the EU send their “migrants” to fight for the countries they broke into

  16. History Repeats

    For what will it profit a man if he gains the whole world and forfeits his soul?
    Matthew 16:26, Mark 8:36, Luke 9:25

    FROSTED FLAKES COMMERCIAL (1994) (:30)
    The Taste Adults Have Grown to Love
    https://www.youtube.com/watch?v=zXo8Yaig_t8

    Mondo Cane (1962) (1:47:40)
    https://archive.org/details/mondo-cane-1962

    Throne Of Blood – Akira Kurosawa (1957) (1:49:31)
    https://archive.org/details/throne-of-blood

  17. luigi cosini

    Can his Socrates AI predicts the eventual or final outcome of the vaccines (with their unavoidable sheddings)? What will happen to the final human race – massive die off or ability to adapt and evolve or some miracle cure?
    Also, would be nice for someone to summarize and chronicle the COVID19 events – from it’s beginnings (who funded it (US and Fauci) to who released it (China’s Wuhang lab – whether accidentally or intentionally) to the illegal intro of the vaxs (via attacks/suppressions on Ivermectin and hydroxychloroquine) and the bought-off/bribed/blackmailed politicians, governments, and the medical, media and academic establishments that lied blatantly, with forced lockdown, forced vax, to suppression of any oppositions trying to reveal the truths or help cure others with alternatives.
    And how they are still continuing this farce today, none has yet to pay (esp. Fauci) … and the current discoveries the adverse effects of the vaxs, theirs sheddings, short and long ill effects. How less than 1% died from the virus yet the percentage of death from the vaxs keeps mounting and continuing.
    We need to summarize and chronicle so everyone can reference and know it, as much of the world is still not wise to it or even care enough at the moment (from my observations of common day to day folks). We need to press the issue.

  18. wecmg

    Ahh.. always like to hear from Martin Armstrong.. Thanks for having him on.

  19. JAMES DIEMER

    GREAT REPORT GREG, NO BULL, JUST THE FACTS, AWESOME

    • Greg Hunter

      Thanks James!
      Greg

  20. Matt

    Greg Hunter audience, *please* feel free to use my composition re: U.S. exiting NATO that I’ve sent to my House Representative, Senators, and The White House. Obviously, take out the Trump mention when sending to your rep and senator:

    ——————————

    The United States must immediately leave NATO. No exception.

    With a potential conflict brewing between the EU and Russia, this is NOT our war. Let the United States be the land of patriots for peace not another instrument for war. I do not want my fellow countrymen dragged into a senseless war in which past war prologue becomes our present day nightmare.

    How about we listen to our past? Follow what our great General and father of this U.S. so emphatically pleaded: “No foreign entanglements.”

    Please, let the United States exit NATO. Time is of the essence.

    And if war does breakout between the EU and Russia, in regards to capital flows, history will repeat with enormous amounts of capital seeking safe haven within the U.S. We will be the nation of peace, prosperity,, and security.

    President Trump: I know you are a man who seeks peace and does not want more war. One of the most important acts that you can do to ensure the safety of American citizens is get the heck out of NATO.

    I thank whomever reads this for taking the time to digest this important warning.

    God Bless you and these great United States!

  21. Eins Codek

    Look you can be a cycles expert and pinpoint details about turning points and accurate results and not realize that NATO itself IS A PROXY ORG OF THE US. When you say NATO will lose to Russia, you are saying the US will lose to Russia in a proxy war with the EU as sacrificial fodder. When you say we are trying to get out of NATO to let NATO attack Russia solo, you are saying the US is trying to get out of the way of the haymakers Russia will throw back after being attacked by a US proxy. It may or may not avoid. The Ukrainian war itself is a proxy war between US/NATO vs Russia. The Russians know all of this and more. It is what it is.. pray hard and be good.

  22. C.W.

    One of the greatest minds of our time, love you Martin Armstrong. Thank you a trillion times over for your good efforts.

  23. Robert B.

    Greg
    Thanks for another great interview.
    The U.S. planned, provoked, perpetuated and is losing the Ukrainian proxy war. To imagine that we could just wash our hands and walk away from this disaster, without consequence, seems the height of hubris and lunacy. But walking away is a good first step.
    More information from Martin/Socrates on Israel and Palestine would be appreciated.
    Thanks again, Robert B.

  24. Larry Serflaten

    FYI – Martin named May 15th, Bo Polny says watch May 14th. Are the stars aligning?

    https://youtu.be/LT3wr1yunVY

  25. Art Simpson

    Aloha Greg,
    Martin Armstrong and Weston Warren can’t both be correct.
    Martin: Global recession in 2028.
    Weston: Dark Star apogee in January 2028. Crustal shifts. MASSIVE recession.

    • Greg Hunter

      Art,
      Yes, actually they can.
      Greg

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