Armstrong Economics Blog/Civil Unrest Re-Posted Jul 1, 2021 by Martin Armstrong

The two days of protests in London have been impressive to show that resistance is not futile with at least 1 million people per day (some estimates were 2 million), the interesting aspect b behind the curtain is that the Boris Johnson government does not “give a shit” according to sources. Unfortunately, the UK, Canada, Australia, and New Zealand are really on board with trying to destroy the economy and to move the economy into a controlled state for the future. The talk of using the variants as the excuse to lock people down into the Spring of 2022 continues to circulate. The general belief is that they can prevail by destroying enough of the economy thereby forcing a greater proportion of the people to rely upon the government for their guaranteed basic income and the government will thereby end borrowing and will be able to simply terminate their national debts.