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International News

Merkel’s Obsession with Austerity & Bias of the Press Against Greece

The obsession with austerity stems from Germany’s experience with hyperinflation. This is akin to the USA’s obsession with the deflation of the Great...

Russia Reinterprets the Legality of the Break up of the Soviet Union

Crafting laws where you can check-in but never leave seems to be what’s good for Europe, and Russia has taken note. This is the problem with law. It can be...

Cyprus – Greece – Whose Next?

The Sovereign Debt Crisis began with Greece asking for help from the IMF to the day of pi from the peak in the ECM 2007.15. The EU then crushed Cyprus to see how...

Merkel’s Amnesia: What Goes Around Does Not Always Come Around

Merkel is obsessed with the German hyperinflation (which leads to demands for austerity) and assumes that her personal promise that Greece will be made to pay back...

EU Openly Wants to Overthrow the Greek Government

The Deutsche Wirtschafts Nachrichten is reporting that the head of the EU and Merkel are now openly calling for the overthrow of the Greek government. It is their...

Happy Independence Day to Our Canadian Readers

Sorry for being late – my bad. This is actually an important Independence Day for you. True, it was originally the Dominion Day on July 1, 1867 that was...

There is No Hope of Stopping the Crisis in Europe

QUESTION: Mr Armstrong; A friend works for a ….. Hedge Fund. He said you could put together a team to save Europe. Would you take up such a challenge? Thank...

IMF Numbers Warn the Troika Has Destroyed the Greek Economy

The IMF on Thursday issued its own analysis on the Greek economy. The new debt forecast numbers have been raised in recent months and while the IMF analysis is...

The Fallacy of Trying to Fight the Troika in Their Own Courts

Greece now threatens to appeal the abuse of the Troika by taking court action to block a Grexit, or really a Greek expulsion or takeover of Greece by the...