German Finance Minister Jörg Kukies is urging the European Union to force nations to drastically increase aid to Ukraine under an emergency clause. This emergency clause acts as a loophole that could allow Brussels to surpass defense investment parameters. Kukies penned a letter on April 24, 2025, to Brussels to state that the “changing environment […]

COMMENT: Marty, you were right. These people are myopic and have no idea of how the world economy functions. They reveal their ignorance, blaming Trump’s tariffs for the coming recession, when you pointed out that even China turned them down, as did Europe, as soon as your ECM turned them down one year ago. The […]

World Economic Forum founder Klaus Schwab is under an internal investigation by the organization he created. There is no question that it has been alleged that the WEF got money from USAID. Exactly how much is hard to say for sure. It has been alleged to be in the tens of millions. Yet here we […]

Donald Trump has come out to say that he had no plans to fire Federal Reserve Chairman Jerome Powell. “No, I have no intention of firing him,” Trump told reporters. “I would like to see him be a little more active in terms of his idea to lower interest rates,” the president added. “This is […]

QUESTION: Marty, This report on all of Europe is unbelievable. Something like this would cost more than $100,000 from M——-, and they have an opinion, not actual, real forecasts. Do you intend to do one for Asia and South America? PL ANSWER: This took a lot of time to put together. The risk of war […]

COMMENT #1: Thank you for your private blog. I can see that the turning points laid out in Socrates are indeed pressure points that then cause people to react as Trump just did. You were right. The 7th held. These people get hysterical and blab out forecasts on emotions, as you said. Thank you for […]

  Some believe that Donald Trump is deliberately attempting to cause a sharp downturn in equities to force a flight into treasuries. If so, the Federal Reserve would have more of a reason to slash interest rates—Trump’s longstanding desire. Trump has stated that the markets are undergoing an “operation” of sorts, but I would not […]

President Trump announced a baseline 10% tariff on U.S. imports, with steeper reciprocal levies on goods from Europe, Japan, China, and more than 50 other nations. The problem is that he will be blamed for the recession/depression the world is headed into, which will not bottom until August 25th, 2028. Economists widely criticized tariffs for […]

The US Congressional Budget Office is warning that the federal deficit has hit a point of no return. It is far too late to cut wasteful government spending. Politicians have kicked the can down the road for far too long and left us with a financial system held up through perpetual borrowing that cannot be […]

  QUESTION: Mr. Armstrong, I have followed Socrates for over a year now. I was told by friends you run the most unbiased site in the industry. I greatly appreciate how objective it really has been. What I am dumbfounded by is how, with the tension now with Iran and Trump’s ultimatum to Iran, even […]