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.