The Australian Tax Office (ATO) has applied for access to everything to hunt for money. They want access to phone calls, emails, posts, and SMS text messages. We have verified this with several sources. Like Rome, Australia is cannibalizing its own economy. They will succeed in destroying Western civilization and when the G20 tracks every […]

QUESTION: Marty, What is the answer to affordable home ownership? Here in Australia the tax incentive called negative gearing introduced during Paul Keating’s reign – to make rents cheaper has not really made rents cheaper and has caused residential property to be out of reach for young people. It is a divisive issue as ‘investment’ […]

Yesterday, Saudi Arabia announced that 2015 would produce a budget deficit amounting to $135 billion (367 billion riyals). A royal decree, effective on Tuesday, will increase petrol prices by 50%. This will only bring gasoline to 33 cents (0.90 riyals) a liter where one liter equals 0.264172 of a gallon.

Holiday volume and poor order flow was the name of the game today and can probably be expected for the rest of the run into New Year. In Asia, China’s Shanghai lost 2.5% whilst the Nikkei made a small gain of 0.56%. In European trade, the oil market was the topic of conversation as it […]

China is demonstrating that it is more practical than anyone else in the industrialized world. They have announced that they will “reasonably” set limits on new local government debt in 2016. Finance Minister Lou Jiwei said at a work conference in Beijing on Monday that they will actually limit local debt; something nobody else does. China […]

QUESTION:  Hi Mr Armstrong, I’m still an avid reader of your blog. A question occurred to me when I read your article on vulture funds. Do you think that it is possible that a general failure of the economy is organized (or at least pushed )? I mean it would create a captive market for […]

Landlords are joining together to challenge the Conservative’s (i.e. Tory’s) tax hike by filing a suit in the high court against their tax increase on “buy-to-let” investment properties. One of the reasons I have stated that Maggie Thatcher herself would have broken away from the Conservatives and started her own third party is demonstrated by this […]

QUESTION: Mr. Armstrong, you have said that the Pi cycle shows up everywhere in finance. I have looked at the charts you posted in the Roman Empire. Has this had a major impact in modern times aside from your Economic Confidence Model? ANSWER: Of course. Just look at Roosevelt’s 1934 confiscation of gold. Add 31.4 […]

The UBER case in the Ninth Circuit (California) demonstrates that drivers’ are blinded by greed and cannot see that they are altering the entire basis of UBER. They risk putting the company out of business. Drivers who sued UBER contend they are employees and should be reimbursed for expenses, including gas and vehicle maintenance. The judge is allowing them to […]

QUESTION: Hello Marty Great conference! If the EM Debt implodes wouldnt the stock markets of those counties rise?? If the stocks from the EM markets did rise would they rise faster than the decline in their currency to the USD?? Thanks CW ANSWER: Yes. Normally we experience currency inflation, which is the rise in assets […]