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Negative Press Always Has to Find an Issue

It is really interesting how the press is so biased, that no matter the issue, they MUST simply spin it against Trump. It is really getting so bad these days that the press has surrendered all impartiality and trustworthiness. They were criticizing Trump for pulling out troops from Syria saying ISIS would be given free […]

Ebola Rising Again in Africa

While the bad news is Ebola has risen again and spread, the good news is that there has been an experimental vaccine that appears to have been 97.5% effective. The survival rate for children under the age of 5 seems to be only about 25%. As reported by the Telegraph, the previous nine outbreaks ended […]

Is Trump Just a Product of the Times?

QUESTION: Dear Mr Armstrong, Donald Trump is the president of the world’s largest economy. Is it the world changing when China become the world’s largest economy? With being categorical like analytic person, defensive like a relationship person and impulsive like a social person president Trump is not the normal creative US person liking to rule the […]

Mortgage Backed Securities Still Defaulting – Bad Omen for Real Estate?

During the last Mortgaged Backed Security scandal which undermined the entire world economy, they created mortgage modifications which enabled millions of delinquent homeowners to avoid having their home foreclosed. Since 2007, it has been estimated that some 8.7 million permanent mortgage modifications were created. There are still over $800 billion of these bubble-era loans outstanding. […]

Bail-In v Bailout of Banks in USA

QUESTION: Might you clarify this response you gave on one of your very recent blogs. You said bail-in may NOT be permitted on US soil. Did you mean that despite the laws written in the USA to allow it, you don’t think it is likely to happen to USA citizens banking in the USA? OR […]

Who Earns the Money from Government Debt?

QUESTION: Would you please explain exactly what government debt is and who receives the interest payment that governments make on borrowings? I thought that Governments borrowed from their respective central banks and paid the central bank interest on the debt. I never understood why a government would have to pay any interest. My brother tells […]

Market Talk – October 18, 2019

ASIA: There is some concern over the latest figures of Chinese unemployment, which shows that 10.97 million new jobs were created. This is very close to the full-year government target of 11 million. US President Trump often bashes China and suggests that the trade war is costing them dearly, with more than “3 million jobs” […]

Would Maggie Thatcher have Been Remain or for Brexit?

COMMENT: You and Maggie could have solved BREXIT in a week! HS REPLY: She would have done precisely that. Of course, they staged a coup against her to take the UK into the euro. She was not against the EU as long as it remained a trade union. We had discussions on that subject. Maggie […]

Debt Crisis & What it Means for the Average Person

QUESTION: Dear Sir, In connection with official and real interest rates: For us, the ordinary people, how can we benefit or lose from this situation? As it seems on first site that it simply deals with big boys (gvmnts, banks, etc) Thank you SM ANSWER: Our client base is probably the most diverse in the […]

Market Talk – October 17, 2019

ASIA: The US and China seem to have different understandings regarding phase 1 of the trade deal. US President Trump was proud to suggest that China will be purchasing 50 billion USD worth of agricultural products. However, the Chinese Commerce Ministry did not mention a figure, but stated they will purchase according to the Chinese […]