Armstrong is warning of radical acceleration of the Sovereign Debt Crisis and Pension Crisis:

https://www.armstrongeconomics.com/armstrongeconomics101/understanding-cycles/are-cycle-inversions-a-precursor-to-a-change-in-trend/

^{Correct. Cycle Inversions unfold routinely when trends are shifting. The fact that we are getting these cycle inversion now is definitely a precursor of what is coming between 2018 moving into 2021. When the same cycle has been producing alternate events and suddenly it begins to produce just highs, look out – for it is warning that the foundations are changing. This is what we are witnessing currently. We can taste it. With interest rates at historic lows, and you have the Japanese central bank buying 75% of the government bond market and the ECB owning 40%+ of all government debt, an uptick in interest rates is going to make the world economy simply go completely nuts.}

https://www.armstrongeconomics.com/markets-by-sector/interest-rates/the-fed-is-raising-rates-because-of-the-pension-crisis/

^{We have a Directional Change due in May and look at the August/September period where we also have a Panic Cycle. Things are not going to be as smooth-sailing as many believe. We have a very RARE Double Monthly Bullish Reversal at 2.25%. A monthly closing above that level and 5% will be seen in a matter of months.}

https://www.armstrongeconomics.com/markets-by-sector/interest-rates/bundesbank-warns-german-banks-rates-are-moving-higher/

^{German 10-year rates will start to rise rapidly following a monthly closing above 0.79%. The next stop will be 2% and thereafter, we will see a test of the 4% level. Once we exceed the 2007 high of 4.67%, we will see a rapid rise to the 5.6% area and an annual closing above that will warn of a test of the 8.5%-11% zone and that can be easily by 2020.}