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October 26, 2015
Far too many people have underestimated the changes in the global economy. This year’s conference will focus on the significant instability risks that are associated with the economic slowdown in China, and the crisis in the emerging markets. This will impact the German exports, and the refugee crisis in Europe will only help to push the economic […]
October 26, 2015
I reported from Poland that the rising trend there was anti-euro, which has manifested into an anti-immigrant movement. I will be there next March once again. Nevertheless, Poland’s eurosceptic and anti-immigration Law and Justice Party (PiS) claimed a major victory on Sunday. The politicians in Brussels only see their power and Merkel is attempting to demand quotas for all […]
October 26, 2015
In the Austrian town of Reichenfels in Carinthia, the refugees have protested and their abuse of water has led to rationing water for the entire town. The refugee crisis is brewing and it is not going to go very well when winter comes in. In Dresden, there is no space left and the government has said that […]
October 25, 2015
Aegina is the prominent Greek island in the Saronic Gulf, 27 km (17 mi) from Athens. Traditionally, the island derives the name from Aegina who was the mother of the hero Aeacus and the island is named after her since this is where she gave birth to her son who became its king. Aegina was […]
October 25, 2015
COMMENT: Hi Marty, I’m another Englishman who is an avid reader of your blog and am very much looking forward to your ECM conference material later this year. As a European pouring thorough the continental news we are definitely seeing a reinforcing cycle of breakdown in government over the past few weeks and months. It […]
October 25, 2015
What is fascinating is that the Russian bombing in Syria began precisely on the day of the ECM. The Iraqi government authorized Russia to target Daesh convoys coming from Syria. The authorization for Russia to target Daesh inside Iraq comes amid security coordination between Iraq, Russia, Iran, and Syria. Because of the exact day of these […]
October 25, 2015
The federal government’s calculations show that about half a million refugees and immigrants who are coming to Germany will find themselves unemployed in the coming yet. Chancellor Angela Merkel is still confident that many refugees will find work. What is brewing within Germany is a resistance to overthrow Merkel as her policy on refugees is […]
October 24, 2015
QUESTION: Mr. Armstrong; What do you think of the Biblical forgiveness of debt which this time was due with the turn of your model? ANSWER: Debt cancellation or forgiveness actually was a tradition that began under Sumerian rule in Mesopotamia. The Jewish tradition appears to have been adopted from the Sumerian. Do not forget that Abraham came from […]
October 24, 2015
QUESTION: Hello Mr Armstrong, I see that you’re about to launch Socrates, which seems to be a lifetime achievement. Congratulations. I have a question : it seems that, for now, it will deal with economic trends and cycles. Do you plan to extend Socrates to geopolitical and domestic social and political affairs ? Even on […]
October 24, 2015
QUESTION: Mr. Armstrong, it seems many people are starting to pretend they have artificial intelligence systems and neural nets. It seems that they are using these terms very loosely. Can you explain the real difference? Everyone I have spoken to says you are the father of AI in finance. Thank you for all you contribute […]