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Sovereign Debt Crisis

ECB Worried Who Will Buy Government Debt if they Stop?

  According to RELIABLE sources behind the curtain, the crisis in Spain led to a significant amount of selling Spanish debt to the European Central Bank (ECB)...

Italy’s Experience With Pre-Pay VAT Was Devastating

COMMENT: Re:  Germany To Tax VAT Just Billing People Before they Pay Please note in Italy we had the same = pay VAT to the government before collecting it from...

Taxing Income Before You Earn It

COMMENT: Hello Martin; I trust you and the state of Florida are healthy, hurricane or not. As to the German VAT pre-pay system, Ontario, Canada tax laws shocked me...

ECB Negative Rate Experiment May Lead to the Worst Financial Crisis in Modern History

QUESTION: Mr. Armstrong; Your proposition that the quantity of money theory is dead seems to be a true earth shattering perspective. It certainly disproves the...

Navigating the Business Cycle = Prosperity

The key to the future is understanding (1) the past and (2) how everything functions. Sure there is a risk of a Dark Age after 2032. Hopefully, we can learn from...

Illinois Should Just Be Dissolved as the Solution

John Kass of the Chicago Tribune has come out with a blunt article, yet it is the only possible solution since the government is effectively just bankrupt with no...

Illinois – Poster Child for the Coming Sovereign Debt Crisis

Illinois House had voted 72-45 to pass a 32% income tax hike as government refuses to address the real issue of a never-ending need for more and more tax revenue to...

Just Give the Government Your Money & Shut-Up

COMMENT: Dear Marty   I’m doing business w companies in Holland. So I go there with a colleague to visit one of the factories outside Amsterdam.  ...

Illinois In Deep Financial Trouble

Illinois Comptroller Susana Mendoza was ordered to make a “substantial” dent in a $2 billion backlog of bills owed to Medicaid providers. The courts...

When Does Buying Gov’t Bonds Support Corrupt Governments?

The president of Venezuela’s opposition-run Congress led by Julio Borges came out and accused Goldman Sachs of “aiding and abetting the country’s...