REVIEW: Coronavirus and the Next Great Depression by Martin Armstrong

The next Great Depression has begun.

That is the one big conclusion of Martin Armstrong’s latest special report. And, that alone is worth the price of admission. No one else is as accurate as Martin in forecasting future events, so hearing him say that should concentrate the minds of everyone.

I believe that this is the beginning of the end of our current civilization. The next decade will probably see prophecy after prophecy fulfilled and over a billion dead – due to war, famine and disease.

So, let’s look at what Mr. Armstrong has to say.


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REVIEW: Coronavirus and the Next Great Depression by Martin Armstrong

REVIEW: Coronavirus and the Next Great Depression by Martin Armstrong

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When I was in graduate school, we were taught a lot of interesting theories about how the economy works and how financial markets work. It was all garbage, but I didn’t know it then. And, when I went to work for a small investment house in Jerusalem, those theories brought mixed results.

Oh, and my timing was bad. I got into the field of finance, just before the 1997 Asian Financial Crisis. Everyone talked about the awesome fundamentals in Asian markets, but no one seemed to think too hard about ‘capital flows’. And, when capital flowed out of those markets, a lot of people got hurt.


The one person who did a lot of talking about capital flows, was Martin Armstrong. He understood how the markets worked and wasn’t shy about telling everyone what he knew. The only problem was that financial journalists and professionals didn’t like what he had to say. They were the great high priests of money, and he was preaching heresy. So, they did their best to ignore him. But, there was a teeny, tiny problem.

He was always right.

He talked about cycles, and I had a dim view of cycle theory, because every ‘cycle expert’ eventually ran into an exception that led to catastrophe. I had also been taught the ‘efficient market’ theory, which said that any effective investment strategy would eventually fail under the weight of its own success. So, I was pretty biased against what Armstrong was trying to say, but his success was hard to ignore.

It didn’t take long for me to realize that finance was ruled by irrational fear and voracious greed. And, if you wanted to understand how markets worked, you needed to know a lot about mass psychology. Logic had very little to do with the psychology of markets.

I quickly became disenchanted with the world of finance. There were too many greedy psychopaths, so I switched to writing computer manuals. Some of my best manuals could put you to sleep faster than any drug. They’re that good.

Fast-forward to 2014, and I rediscovered Martin Armstrong. He had thumbed his nose at the powers-that-be one too many times, so they put him in jail. He made the mistake of firing his lawyers and defending himself ‘pro se’. It was a bad move, and he got hammered.

Never, EVER go to court without a lawyer. The American justice system is incredibly corrupt, and Armstrong learned that the hard way. No matter how innocent you are, you cannot win against the system without a good lawyer. Seriously. Never go ‘pro se’. Never.

Okay, now where was I?

Oh yes…

By the time that I had rediscovered Martin, he had already gotten back on his feet. He was writing again and doing conferences. He was rebuilding the artificial intelligence system that helped make him successful, and he was making predictions. When he said that we should invest in the stock market, I thought that he was crazy. Yet again, he was right, and I was wrong. Those that listened to him did well. Those that didn’t… didn’t.

The gold bugs hated him, and still do. He understands the real value of gold, and the gold bugs don’t. And, I always know when I’m communicating with a gold bug, when they try to trash Armstrong’s reputation. Good luck with that.

The Special Report

But, enough of that. Let’s take a look at the special report that Martin Armstrong produced. First of all, you can find it here:

Coronavirus & Next Great Depression

It’s $9.95 and worth every penny – especially if you are new to what Martin Armstrong has been saying. For those of us who have known his work for a while, there are still details that you probably missed. And, the conclusion… well, that’s worth a whole lot more than just ten bucks:

The next Great Depression has started, and you aren’t going to like it.

And, if we keep down this road of locking down our countries, this Great Depression will get even worse. Here is what Martin said in a recent blog post:

Anthony Fauci told CNN that effectively Trump is wrong and the whole country should be locked-down which will unquestionably destroy livelihoods and small businesses that will take 11 years to reconstruct from what our models are showing.

 – The Emerging COVIDGate Conspiracy

By the way, in the years that I have been reading what he writes, I’ve never seen him speak in terms of ‘conspiracy’. Nor have I ever seen him so visibly upset. Normally, he is exceptionally calm, even when forecasting ominous events. But, not now. But, back to the special report…

Because of the pressure to get this report finished quickly, you will see a lot of typos. As a writer, I hate to see that. But, since typos are almost a signature characteristic of Armstrong’s writing, you quickly learn to overlook them because we are far more interested in what he is saying, than in the typographic errors mixed in with how he says it. Seriously, if you can’t get past the typos, you don’t deserve to hear the message that he’s presenting.

What is it that he’s presenting?

What’s happening.

Why it’s happening.

Who is making it happen.

And then, the final result.

What You Will See In The Special Report

This special report is only in PDF form and has 159 pages divided into a preface, 23 short chapters and a lot of illustrations. The preface describes the Coronavirus kleptocracy that is attempting to take power in the world. Chapter One describes the inherent flaws in the epidemiology models that are driving this attempt to lock down everything. The models created by people like Neil Ferguson of Imperial College were little more than calculations run on pocket calculators and based on deeply flawed reports.

Chapters Two through Nine give deep background into the flaws in our current economic and financial forecasting systems, and how he got to the point where he could be so accurate in his own forecasts. This is vital material for those who want to know why he is able to predict the seemingly unpredictable.

NOTE: if you want even more background on Martin Armstrong, watch the movie about him, directed by Marcus Vetter and Karin Steinberger:

The Forecaster

Chapters Ten through Fourteen analyze the current Coronavirus pandemic, provide historical contrast, describe the deep errors that we are making and the damage that we are causing. And, he goes on to say that we will be seeing another wave of this virus during the next flu season.

Fifteen and Sixteen describe the political coup that lies behind the global lock-down that we are currently seeing. There is a concerted grab for power across the globe, and they are using the hysteria generated by the mainstream media and institutional epidemiologists to make it happen.

The last seven chapters – Seventeen through Twenty Three – describe the Great Depression, the rise of civil unrest, how authoritarianism rises, the cycles of revolution, and ends with the conclusion. These last seven chapters are the most potent and disturbing. They describe the next few months as being pivotal for our current system. Civil unrest, revolution and financial collapse will sweep the globe.

A global population has been terrorized by corrupt government into giving up their freedoms and their livelihoods. In return for the illusion of safety, we have given over our future into the hands of psychopaths. And, the destruction that they have wrought will lead to unimaginable suffering.

Then, to conclude it all, Martin writes in the last paragraph:

This is a political coup. I have probably the best reliable sources than anyone. With time, perhaps this will all be exposed and surface. What will be the political consequences when it does?

My Conclusion

For myself, I must agree that this is indeed a coup. It’s the last gasp of international socialism. It’s their last chance to finally create the global system that they’ve always wanted. They will eventually fail, and that failure will launch a titanic cataclysm that will sweep the world.

What is happening now is NOT the coming of the Antichrist, but it will knock everything down and leave so much destruction in its wake, that the world will welcome this man of fierce countenance (Dan 8) when he rises. Those brothers and sisters who survive to reach that moment in time will either be in a place of safety (Rev 12) or will die for our faith (Rev 13). My hope is that you and I take our place, serving God.

These are the Last Days…

…and we were chosen for such a time as this.


I truly hope that you’ll be ready for this

A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.Proverbs 22:3


If you find a flaw in my reasoning, have a question, or wish to add your own viewpoint, leave a comment on the website. Your input is truly welcome.


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20 thoughts on “REVIEW: Coronavirus and the Next Great Depression by Martin Armstrong”

  1. Hi John – somewhere in one of your articles you share your definition of geopolitics (I believe that is the short word you use to describe your definition). Please remind me where I can find that definition – it is the best I have ever heard.

    • Hi Joseph O’Malley,

      I think that you might mean this one:

      Geopolitics is the influence of topography, climate, resources, language, education, culture and religion on the interactions and decisions of people.

      And, it can be found in this article:

      I’m not sure that I can claim that this is the best definition for Geopolitics. Let’s look at others.

      Merriam-Webster has this as their definition:

      ‘a study of the influence of such factors as geography, economics, and demography on the politics and especially the foreign policy of a state’

      I consider that to be a deeply flawed definition. ‘Such factors as’? Why not list the factors?

      The Cambridge dictionary says this:

      ‘the study of the way a country’s size, position, etc. influence its power and its relationships with other countries’

      Sorry, but putting an ‘etc.’ in a definition, in this way, is a definite no-no.

      Now, if they had just said the ‘influence of geography on international relations’, they would have done better. That was the Oxford dictionary approach. Even that leaves out the decisions of average people, which influence the decisions of governments. Famines that lead to war are classic geopolitical events. The average person was starving, so the country went to war – i.e., the Huns invading the Goths who invaded the Roman Empire.

      I really don’t know why people have shrunk from writing an inclusive definition of Geopolitics. It’s not rocket science.

      Anyway, I hope that helps, Joseph. It’s a good thing that I don’t wear hats, since I think that my head expanded a bit.

      Yours in Christ,

      John Little

  2. You have probably seen this, am posting it for general readership:

    And, I may have posted this before but it’s worth reading again. It’s a vision that Michael Boldea had – grandson of Dumitru Duduman – in 2013. Boldea is 110% legit. He has drawn back from his writing to raise a family. But he produced a lot of good writing and interviews that are still out there. He’s had a number of profound visions, still there to be read on his website. Many that Duduman had took years to come true, and this one below I have pondered before, but I think we may be getting closer to its fulfillment. The wording of how the buck “wounded itself” and rejected help, thinking it could fix matters its own way, is reminiscent of what the PTB are doing with the coronavirus scam and what they will undoubtedly bungle when trying to deal with the consequences of their idiocy. Disaster awaits.

    • Hi DRG,

      Yeah. I saw that. The Russians have been testing our air defense response for years. The question is whether this represents an increased operational tempo.

      Do the Russians sense weakness?

      When will America’s defenses falter enough for Russia to engage in military conflict?

      It will happen. The only question is when, and I had been hoping that it was not going to happen as quickly as it seems to be happening. What a mess. And, we did it to ourselves.

      And, that Michael Boldea link is spot on. Twenty five years ago, I was cynical about prophetic dreams, until I had one that saved me from being destroyed. God does give warning.

      Great input, DRG. Thanks!

      Yours in Christ,

      John Little

  3. Hello Mr John ,
    Hope you and yours are doing fine. Haven’t really kept up with this a whole lot but unless I missed a change somewhere, from the start I’m pretty sure that you are pretty certain that this is not a bioweapon. I am interested in knowing what makes you think that and any solid evidence you might have.
    Thank you Sir, take care of yourself and lovely wife.

    • Hi Duane Griffith,

      Aside from the fact that the mortality rate is way too low, the most likely reason why this is not a bioweapon is described here:

      It was probably an accident. In a lab trying to figure out bat viruses.

      Remember that you do not create a bioweapon without creating a vaccine at the same time. If this was a bioweapon, then a vaccine would have ‘miraculously’ been available.

      I saw the dirtbags who started this hoax. And, morons kept it alive. All to get clicks. We all need to stop listening to liars.

      It’s time to focus on truth and not lies.

      I hope that helps, Duane.

      Yours in Christ,

      John Little

  4. Dear Brother John in this blog you are you focused o this Armstrong who is even not a Christian
    Who do you believe Armstrong of God yes there Will be negative things but also positieve things we should be focused on what we still can do especiallly you in Taiwan because there is no Lockdown there

    Here we have nothing anymore we can not witness where we want only in shop or in thé street where almost nobody is
    Armstrong still has to input new events because he( or his computer) normally predicted this for 2022 but God intervened so everything changed he is like thé wind too which change all thé time
    We cannot Rely on flesh and i cannot even Rely on you it’s depressing to read your blog and it’s different from Philip Blair who stir us up to do something and not let us be dictated and nullified by thé extreme coronamesures and he is realistic too
    although i have to ask God what to do or not to do
    it can be shut up and be silent and wait on thé voice of God
    Armstrong is in stress of course his money Will be gone too ! before he was rich enough so he was not in stress but this situation involves him too
    He also needs Jesus saved

    Blessings from sister Nadine

    • How do you know that Armstrong is not a Christian? Furthermore, do you only get your weather forecasts from Christians? Should we only get investment advice from Christians? And, when someone has a history of accuracy, shouldn’t we say that? – JL


    Now this is strange. This video was posted on Armstrong’s blog with no commentary. I had heard elsewhere that the virus has mutated into 4 strains, and that some patients’ lungs were ‘turning into mush’. I heard secondhand info originating with an ICU nurse that the shortness of breath they see in severe COVID-19 is orders of magnitude worse than what is usually called shortness of breath. (but I still volunteer to catch it because I sure wouldn’t complain if I got to go home early!!!)

    Of particular interest is his statement, roughly around the 4 minute mark, that much of the lung damage they’re seeing is quite possibly injury to lung tissue from treating what is not pneumonia, as if it were. Lung tissue is exceedingly delicate – when healthy, as in a nonsmoker, it is extremely elastic, which is what enables effortless inhaling. You can actually do serious damage to it when doing CPR, if you blow too hard. Same thing a respirator might do if used inappropriately. This doctor says it is NOT a pneumonia, it is something he’s never seen before, and what he is seeing makes no sense; he believes it is an entirely new disease. The patients are being starved of oxygen, but not due to inability to inhale/exhale, which is what a respirator addresses.

    This is very, very, very strange.

    As are Martin’s increasingly panicked statements about Bill Gates. I believe Martin is right on, as usual, it’s just that the poor man seems to be coming unglued. Funny that I have been thinking, as I have read his commentary over the past couple months, that surely somebody is going to want him killed for spilling all the beans; and what did he say recently, but “I may be risking my life by saying this but …”.

    I wonder if the severity this doctor is seeing has to do with patients co-infected with staph A, which has been shown to drastically increase the severity of the viral infection. I wonder if it is causing cytokine storm, as the Spanish Flu often did.

    • Hi DRG,

      Unfortunately, the only way that we’ll ever know the truth about this virus – assuming that they let us – is to do autopsies and examine tissue and blood samples. If we get enough data, maybe we can come to a good conclusion. Unfortunately, the hysteria generated by the media and the hoax industrial complex is keeping us from doing that.

      Post pandemic analysis is how we found out that Aspirin poisoning may have made the mortality rate of the Spanish Flu even worse.

      So, are these respirators actually making things worse?

      Are patients actually succumbing to opportunistic infections?

      Why are so many Obese patients succumbing to COVID-19?

      And, more importantly, we might even answer the question of why we are so stupid – although, I doubt it.

      Ultimately, the thing that concerns me most, is what Martin Armstrong is saying. When he gets upset, it’s time to head for the hills. And, since he’s 70 years old, he probably doesn’t think that he has anything to lose by speaking out.

      And, from his most recent statement to President Trump and the world…

      “To be direct, our computer is showing that if the economy remains closed beyond May 1st, we are looking at a global economic decline that will not bottom for 13 years until we reach 2032.”

      It makes me sick to think that we have destroyed ourselves by being so stupid. I can hardly believe it.

      Yours in Christ,

      John Little

  6. Ok ok, no conspiracy at all concerning this virus?? (Gotta stir the pot) C’mon it starts in CHINA? In a wet fish market? Less than 300 metres from a bio lab?? No big deal the cruise ship is infected and no one understands Quarantine and ship everyone back to home? Bill Gates is promoting global ID with Vax. Task Force is packed with Gates,WHO cronies. Now is where my memory is giving out, but I think I am starting to smell a rat. Shut down the economies of debt enslaved small businesses and only chosen businesses stay open. Close Churches and strip away several more rights, I just cannot call all this coincidence, happenstance,or anomaly (izzat the right word) I am still watching DT become to the right everything obammy was to the left. Is this not making sides for civil war?? Anything is possible. Police authority is ramping up against Constitutional principle and governors and mayors are flaunting authority they do not possess. Michigan is outlawing garden vegetable seedling purchase. This pot is getting thick, and the so called king of conservative principle sits on the throne. When this all hits who will get the blame?? His supporters. The air circulating device is about to make contact. Q has kept the outraged hanging on every word. Remember what William Casey said?? My tin foil hat seems to be getting tighter, but methinks I am smelling rats. Oh pudding! I forgot about the numbers being padded on virus fatalities. Multiple gunshot wounds-covid did it. Car hit semi, covid yup. The dirt on this is everywhere. Who does this affect most?? Elderly, Men, the obese? Eugenicists must love this one. I haven’t heard anyone finding a patent for covid, but like I said, I will keep my cards close on this one, and wait for the TRUTH on this one. Shucks look how much I forgot to mention. (Snicker)

    • Hi Mangledman,

      I had planned on writing an article, describing the steps that led to where we are. I’m not sure if I have all the pieces, but I think that I have enough of them to give a reasonably accurate picture. Unfortunately, things have gotten so bad, that I’m not sure if my explanation matters.

      If you want a place to start, here’s the video that makes the most sense:

      That’s the beginning point. The events that followed were the result of conspiracy, opportunism, hysteria and the waving of hammers because they thought that this problem was a nail. It has revealed the innate cowardice of our society.

      Yes, there are conspiracies and conspirators. Some are obvious. Some less so. But, I think that we should be careful not to give the Enemy more credit than he is due. Satan’s minions are morons, which is why this current attempt at world domination will fail – and is already failing.

      The next attempt?

      I think that one will succeed. We’ll see.

      And yes, I’ve been wrong in the past, so I don’t mind if people disagree.

      Glad to see another great comment, MM.

      Yours in Christ,

      John Little

  7. Dear John,

    I have been reading your posts for the last few years, and I have been blessed by what you have been sharing with us.

    I would like to get in touch with you on your email please. I am making some important plans for my family’s future and to prepare for what’s going to be unleashed on us. And I would like your advice as a brother in Christ.

    Thank you,

    • Hi Yohaan V,

      You can always reach me at john at omegashock dot com. It takes longer for me to get to email, and there are times when email gets lost. But, I will do my very best to respond.

      As for giving advice, I might not be the best person to ask. There are some things that I know. There are things that I only think that I know, but really don’t. And then, there are the unknowable unknowns.

      My hope is that we all make it through this with our health intact, ready to serve God in the awful days ahead.

      I look forward to hearing from you, Yohaan.

      Yours in Christ,

      John Little

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