ASIA: According to Reuters, a US official has said that a lot of progress needs to be done in drafting the US-China deal and will not be ready in time for the meeting in Chile. “Our goal is to sign it in Chile. But sometimes texts aren’t ready. But good progress is being made and we expect […]

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 […]

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 […]

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 […]

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 […]

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. […]

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 […]

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 […]

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” […]

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 […]