Iran, North Korea, Argentina, Venezuela, Egypt and Syria have all one thing in common – the collapse in the confidence of their currencies. This is where we will see hyperinflation and this is what it is all about. HYPERINFLATION is by no means related to the quantity of money, it is directly related to the confidence in the currency. This is the chicken or the egg scenario. The hyperinflation takes place BECAUSE of the decline in trust and confidence in government. It is not the other way around. Governments do not hyperinflate for no reason. They hyperinflate because people lose confidence and they cannot issue bonds for nobody will buy them. This is what we will see in these countries.
Yes the Cycles of War are due to turn up in 2014. But this will most likely begin with the rise of internal separatism and civil unrest. True this model pinpointed World War I, World War II, Vietnam all spot on. This time, it is primarily focused in the West/Middle East rather than Asia. The real risk remains Russia. We will be reviewing this year the Cycles of War on a detailed basis since the last report was published in 1986. There appear to be some surprises ahead. War has been a fairly regular pastime of mankind, but it ALWAYS is linked to economics.