by Martin Armstrong, Armstrong Economics:
Virtually everyone I talk to thinks mainstream news is just propaganda. COVID drove a spike through the very heart and soul of the First Amendment. Even five years later, people generally respected the news. COVID appears to have been the death knell to mainstream news. This chart shows the results of Gallip[ Polls], and the trust in American media is down well below 40%. Our models warn that when confidence in government falls below 40%, governments begin to collapse.
TRUTH LIVES on at https://sgtreport.tv/
Last October, the Pew Research Center reported that Americans follow the news less closely than they used to. I remember growing up, and my father and mother would first watch the nightly news, and then the shows would come on. Never did I ever hear my father call the news fake or propaganda. Indeed, back in 2016, 51% of American adults surveyed indicated that they do so “all or most of the time.” That number dropped to 38% in 2022.
According to Pew, we are witnessing the complete collapse of trust in media across gender, age, education, ethnicity, and party affiliation. The collapse is greater among Republicans and even independents, dropping from 57% to 37%. Among Democrats, trust has declined from 49% to 42%.
Those who know my research are quite familiar with the process of a decline in the CONFIDENCE of government, and this is a Private War that peaks in 2032. During a private wave, we see people distrusting the government and moving to the private sector, so things like the stock market and real estate have risen because capital is moving from government bonds to private assets. The collapse in the media is part of this cycle. The media aligned with the government during the communist era – PRAVDA. While the name meant “truth” in Russia, the people knew it was all just propaganda. We now find ourselves heading in the same direction. The media will fall with the government as it did under communism.
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