QUESTION: Why are there so many Fed branches? It seems this is another way for government just to create jobs and pensions. ANSWER:I wrote several times that...
The pension crisis is going to be the HUGE issue in 2017. Obama is supporting about a 20% reduction in military retirement benefits. This is how such things are...
There is a problem that Illinois faces. There is no actual right for a state to go bankrupt. That does not mean that no state has simply defaulted and never paid. A...
I have been warning that 2017 was the Year of Political Hell with four major referendums/elections that would undermine the confidence in government –...
The International Monetary Fund (IMF) has warned at the G20 summit in Hangzhou, China, that in the face of crises, the refusal to reform how things are functioning...
Once upon a time, couples would have three to five children for that was their retirement. Family was everything. Then came Marx who effectively replaced the...
QUESTION: Mr. Armstrong, What comes first? The banking Crisis or the Sovereign Debt Crisis? Thank you for bringing our attention to these events OD ANSWER: The...
The roads in Illinois are in decay. This may be the first state to go bankrupt. The question is not if, but when. State unions are so greedy that they are...
We are monitoring confidence in the banking system as reflected by cash withdrawals. The sale of home safes has exploded in many countries. I previously reported...
QUESTION: Marty; Since you wrote that central banks have been net sellers of US Treasuries for the first six months to support their currencies, others are jumping...
