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Armstrong Economics 101

CBO Issues Dire Forecast for US Debt

The US Congressional Budget Office is warning that the federal deficit has hit a point of no return. It is far too late to cut wasteful government spending....

Time the Last Frontier

  QUESTION: Mr. Armstrong, I have followed Socrates for over a year now. I was told by friends you run the most unbiased site in the industry. I greatly...

Wild Rumors Again

COMMENT: I hear you are a fraud. You took $150 million annually to advise ________________ hedge fund. Why don’t you come clean? Annonymous REPLY: I do not...

Let Them Eat Flat Screens

Treasury Secretary Scott Bessent continually denies that tariffs will become a tax on consumers. When asked if the Trump administration was comfortable with the...

American CFOs Believe Tariffs Will Cause Recession – Confidence is Dying

American businesses are losing confidence in the US economy under Trump due to the tariff wars. CNBC’s CFO Council quarterly survey for Q1 2025 learned that...

Why the Democrats will become Extinct – No Joke!

  QUESTION: Mr. Armstrong, Nobody has a computer that covers everything. Your forecast at the WEC that the Democratic Party would collapse is unprecedented....

Why the Fed Cannot Reduce Rates to Offset Tariffs

President Donald Trump is urging the Fed to cut interest rates to offset the inflation that will be caused by tariffs. “The Fed would be MUCH better off CUTTING...

Transitory Tariff Inflation?

Fed Chair Jerome Powell said he expects inflation to be “transitory,” a word reminiscent of America’s situation three years ago when the Fed repeatedly urged...

PRIVATE BLOG – MAGA version of the Shell Game

PRIVATE BLOG – MAGA version of the Shell Game Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more,...

Powell – The Fed- Inflation – Recession

Jerome Powell kept rates unchanged as our computer was projecting. However, he did weigh in on the state of the US economy, pointing out that Donald Trump’s...