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World Events

Illinois on Brink of Default

While politicians always talk about the poor and the needy, they never talk about how their own pensions are breaking the bank and come before everything else....

Are Bail-Ins Supported by Free Market Philosophy?

QUESTION: Mr. Armstrong; Reading between the lines, it seems that you support bank bailouts at taxpayer expense. Is this not counter to free market philosophy? KE...

India Taxing Gold

India has been fighting the gold trade for the past few years. They have sought to highly restrict it to prevent the net capital outflow. They even attempted to...

South Australia in Financial Trouble

COMMENT: Marty; Thank you for doing your conference in Hong Kong. It made it really convenient for all us from Downunder. You are probably aware that South...

Chances Are you Are A Genius if you Read this Blog – It’s All in the Methodology

QUESTION: Mr. Armstrong; I too watched Genius on the life of Einstein. It also left me with the same feeling that it was a parallel to your life right down to the...

ECB Declares Two Italian Banks Have Failed

The European Central Bank (ECB) has announced as of June 23rd, that it was declaring two Italian banks insolvent. Veneto Banca Spa and Banca Popolare di Vicenza Spa...

Germany Secretly Passed Total Surveillance of Everything

Governments routinely pass laws that are expanding their powers to the detriment of personal rights that are buried deeply in legislation only a diehard will read....

Chicago Police Pension Goes Bust

Chicago’s police pension fund won’t have enough money to pay benefits to retirees in 2021, according to a projection by Local Government Information Services...

London Fire May Have Been Caused by EU Regulations

It turns out that the Grenfall tower fire may have been caused by Europe’s Global Warming regulations. To fight CO2 climate change, the EU Energy...