Martin Armstrong: The Dollar, Global Capital Flows & the Breakdown of the Western Economy

Martin Armstrong: The Dollar, Global Capital Flows & the Breakdown of the Western Economy Economist Martin Armstrong examines the growing instability of the global economy, declining trust in official economic data, and the forces reshaping the international financial system. The discussion explores how geopolitical conflict and the weaponization of the U.S. dollar are encouraging countries such as China and Russia to pursue alternatives to dollar-based finance. Armstrong argues that much of today’s inflation is driven by supply-side shocks rather than consumer demand, raising questions about whether traditional interest-rate policies can effectively control rising prices. The conversation also examines the potential “everything bubble” in tangible assets, capital flows toward perceived safe havens, and increasing financial uncertainty. As the world moves toward a more multipolar economic order, Armstrong warns that regional conflicts, political instability, de-dollarization, and shifting global capital could challenge the foundations of the established Western economic system. What happens to the global economy if the U.S. dollar loses its dominance—and what could replace it? #MartinArmstrong #GlobalEconomy #Dollar #USD #DeDollarization #Inflation #EconomicCollapse #GlobalFinance #CapitalFlows #ReserveCurrency #Geopolitics #EconomicCrisis #FinancialMarkets #China #Russia #WesternEconomy #MultipolarWorld #Investing #Economics