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European Union

Mario Draghi Backs Down on Greece

We are really plagued by people in government who are totally clueless on how markets trade. They have been arrogant in assuming they do not need Greece and if they...

Greece – a Reversal of Fortune on the Horizon?

Greece and its creditors stuck to their positions on Monday after the collapse of talks aimed at preventing a default and possible euro exit, while Germany’s...

The European Bond Crash

The turmoil in the European bond market has demonstrated that the theory interest rates will not rise and are in control of central banks is dead wrong. Despite...

Brussels to Take Over Tax Collection in Europe – End of Democracy

Germany and France have called for the establishment of a central EU authority for the eurozone to raise taxes independently. This plan is part of a package of...

Brussels & the Trend Toward Authoritarianism

QUESTION: Dear Mr Armstrong, I hope your well. Please could you elaborate on your post: “Consolidating all the debt in the EU” Of course you were...

The London Meeting to End Cash

The conference to tax money was held on May 18, 2015, in London at the Mandarin Oriental Hyde Park in Knightsbridge. I can only assume that the lack press coverage...

EU Looking at Consolidating All Member Debt – Is It Too Late?

The European Union (EU) is now looking at consolidating all member debt, which is what they should have done from the start. The question remains – Is it too late...

How to Survive a Banking Crisis

Many in Spain are starting to figure out that the only way to survive is to get your money out of the bank. Accounts can just be frozen as they did to...

The Greek Nightmare

QUESTION: Marty, With the default of Greece and their exit from the Euro, what is likely to happen to the debt and what rate would you expect the drachma to be...

Jean-Claude Juncker Is Creating a Political EU Commission – Non-Politicians Get Out

Incoming European Commission President, Jean-Claude Juncker, has cleverly created an EU executive that is essentially former politicians only. His intention has...