ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 95.82 points or 0.35% to 27,395.01 Shanghai closed Hang Seng closed ASX 200 decreased 22.10 points or -0.30% to 7,468.30 Kospi closed SENSEX decreased 773.69 points or -1.27% to 60,205.06 Nifty50 decreased 226.35 points or -1.25% to 17,891.95     […]

The West has decided to turn this into an all-out war to completely destroy Russia once and for all. Moscow has been put on high alert and air defenses are being put up in every sector of the city. The hardliners are being heard and Putin has little choice at this point. It has become […]

QUESTION: Dear Martin Could you please describe more in detail what you are expecting when talking about the breakdown of the monetary system? Will there be differences between countries like Germany and Switzerland for example? Especially regarding pension systems. I assume, there might be big differences between countries. Many thanks and best regards, R. ANSWER: […]

ASIA: India is likely to peg its nominal gross domestic product (GDP) growth at around 11% in the annual budget next week, marking a slowdown from its estimate for the current fiscal year due to the prospect of weak exports, two government officials said. Nominal GDP growth — which includes inflation and is the benchmark […]

  Lindsey Graham is the twin brother of John McCain. I had asked John McCain once why he hated Russia so much. He never responded with any reason. It was always the same nonsense he always spread before Putin and after. It has baffled me as to what the difference is between Germany and Russia. […]

We have been forecasting for several years now that those who have been focused on the demise of the dollar to the exclusion of everything else would be wrong because of what must fall first is both Europe and Japan. It is an all-out race to see who will be the first to collapse. This […]

ASIA: China’s decision to reopen its economy will increase inflation in Europe as they both compete for more energy, the president of the European Central Bank said Friday. China’s reopening is “something that will be a positive for China mostly, something that will be a positive for the rest of the world, but we will […]

  The entire theory of the Petrodollar dates back to the collapse of Bretton Woods and the subsequent oil embargo protesting US support for Israel and the price shock of raising prices. Those were the days when everyone was obsessed with gold and the whole idea of a floating currency that was popular to say […]

QUESTION: I thought Ukraine claimed it was independent in 1918. Was that not then a country? PH ANSWER:  In the aftermath of World War I which began in 1914, that is when the Russian Revolution took place. That is when Ukraine first tried to assert its independence on January 26th, 1918. The Bolsheviks who seized […]

QUESTION: Hello Mr. Armstrong. I am from Poland and I know the history and our differences with Russia, but in this war, I’m against Ukraine. They don’t even want to apologize for atrocities committed on civilians but want us to help them. The west of Ukraine was always Polish but in our mind, it no […]