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Armstrong Economics 101

Explaining the Fall of Western Society As We Know It

QUESTION: Western Civilization will collapse by 2032. I didn’t expect such a strong comment from you. Specifically, what does this mean? On the level of...

Is There Ever a Right or Wrong?

What is true and what is false? Do those things even exist or are they simply subjective opinions? Naturally, if we look at politics there is a wholesale denial of...

Karl Marx’s Grave Vandalized – Is this the Cyclical Turning Point from the 1848 Revolutions?

Karl Marx’s grave was selectively vandalized. Someone used a hammer to deface the monument. No other graves were attacked so it is clear this was a...

Did Aliens Just Visit Us?

A number of people have asked what is my opinion of Avi Loeb’s theory that we were just visited by an alien probe. He basically noted strange facts about the...

Stagflation Versus Hyperinflation

QUESTION: Reading your posts it seems to me you disagree with the pending hyperinflation forecasts.  What do you see coming then? PH ANSWER: Hyperinflation comes...

New Monetary Theory is Like Sleepwalking

QUESTION: Bernie Sanders was basing his whole economic proposal to just keep spending and make everything free. They seem to be teaching this in school now. This...

The Business Cycle & Why They Pretend it Cannot be Forecast

QUESTION: Mr. Armstrong; I have studied you Economic Confidence Model and found it to be extremely accurate in forecasting the business cycle. When I showed it to...

Revolution – Why it is Always Inevitable?

  COMMENT: Mr. Armstrong, I just went to see Les Miserables with my wife. I was really moved for it was indeed how history repeats. It just seems we always...

Italy Falls into Recession

QUESTION: It is official. Italy is now in recession. Obviously, the Fed is looking outside its own economy. Your Economic Confidence Model is remarkable. I have...

When is Printing Money Deflationary rather than Inflationary

QUESTION: It seems the Left Wing Progressives in the US House (opponents of Pelosi) have adopted the Money Market Theory of Prof. Stephanie Kelton of U of...