In an interview that legendary cycle analyst and forecaster Martin Armstrong gave to Greg Hunter on USAWatchdog.com late last year, Armstrong describes the current global situation as a "perfect storm" of converging crises, with war (potentially escalating to World War III) as a major and inevitable component.

Armstrong argues that multiple overlapping factors are creating an unprecedented convergence of economic, geopolitical, and resource-based crises. He frames this as a "perfect storm" where no single issue dominates, but their combination amplifies risks dramatically. Key elements he stitches together include:

Geopolitical/War Risks: The Ukraine-Russia conflict shows no path yet to sustainable peace. Armstrong warns that any ceasefire would likely serve as a pretext for NATO to deploy troops, leading to a false flag incident that triggers direct NATO-Russia confrontation and broader war. He sees NATO's primary purpose as enabling war, predicts Europe would fare poorly against Russia in any escalation, and notes recent escalations (e.g., drone strikes on Moscow, claims of attacks on Putin's residence) make de-escalation unlikely. He has long forecasted a war cycle starting around 2022 that could turn international by 2026 or beyond.

Economic/Debt Crises: Massive, unpayable sovereign debt (especially in Europe) is leading to economic "suicide" via policies like sanctions and energy restrictions. He predicts a global recession from roughly 2024–2028, with Europe hit hardest (social unrest, potential EU collapse), while the US suffers the least. High debt levels fuel volatility.

Commodity Shortages and Resource Crises: Sanctions and geopolitical tensions are creating shortages in key commodities (e.g., metals, energy). Notably, he highlights silver (China controls ~60% of supply and imposed export bans starting January 1, 2026) and other metals from Russia. This drives inflation and scarcity.

Technological/Structural Shifts: AI and automation cause "creative destruction" — boosting GDP in some areas while spiking unemployment, exacerbating inequality and social tensions.

Market Predictions: He foresees a prolonged bull market in gold, silver, and other metals/commodities into around 2032, fuelled by war, shortages, and safe-haven demand. Volatility will persist for years.

Overall Warning

Armstrong's stitched-together case is that these crises aren't isolated — they reinforce each other in a feedback loop: war worsens shortages and debt defaults, economic pain fuels unrest and aggressive geopolitics, and resource constraints make conflicts more likely. He urges preparation (e.g., buying physical assets) because "war is coming" amid this storm, with no easy off-ramp. Europe faces the worst outcomes, while broader global instability (including potential false flags to justify escalation) looms.

This aligns with Armstrong's broader body of work on his site (ArmstrongEconomics.com), where he frequently discusses war cycles, economic turning points (e.g., Socrates model forecasts), and geopolitical inevitabilities. The Infowars piece (linked below) is essentially a repost of the USAWatchdog interview, which Armstrong also linked on his own blog as "The Perfect Storm – Interview on USA Watchdog" (posted Dec 31, 2025). Similar themes appear in his other recent interviews, emphasising inevitable escalation toward major conflict by the late 2020s.

If true, we are in for turbulent times indeed.

https://www.infowars.com/posts/this-is-a-perfect-storm-martin-armstrong-warns-war-is-coming