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International News

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...

It Begins – Austrian Voters Sign Petition to Exit EU Forcing Parliamentary Debate

It has already begun. The total mismanagement of Euroland and the utter failure to understand what the German hyperinflation was all about has led to the...

Troika – the Great Destroyer

The idea of creating one unified European government to prevent European wars has grown out of a lesson learned from the disaster of World War II and German Nazi...

Troika Maneuvering to Rig Greek Referendum

In a TV interview, Mr. Varoufakis said very clearly, “This is a very dark moment for Europe. They have closed our banks for the sole purpose of blackmailing...

Letter from Tsipras to the Troika

Here is the Letter from Greece to the Troika The letter, written by Alexis Tsipras, is addressed to Jean Claude Juncker, Mario Draghi, and Christine Lagarde....

Greece Surrenders its Sovereignty to Brussels

The Syriza government is backing down after the realization that Brussels will declare economic war on Greece by deliberately trying to plunge the country into...

You Can Check-In for the Euro but You Can Never Leave

German Finance Minister Wolfgang Schäuble explained on Tuesday that Greece will remain in the euro, no matter how the referendum ends on Sunday. Two years ago,...