The Japanese government’s economic revival strategy, which has been dubbed “Abenomics”, has proven to be a failure. We warned that the Sovereign Debt Crisis will begin in Europe, then hit Japan, and in the process will push the dollar to record highs which will inject deflation into the U.S. economy. Moreover, only a rising dollar […]

QUESTION: HI! I’ve Just recently become aware of your existence. Subsequently my knowledge beyond your blog and “the forecaster” is limited. Someone one said “democracy is the worst system imaginable – except from All the others” My question to you : have we ever in this world,  really had any of the known political systems, […]

John Boehner has been the most ruthless Speaker of the House perhaps since Henry Clay. He is notorious for targeting people within the Republican Party who do not do as he commands. Now, with the debt ceiling issue coming back for September 30, Boehner has no trust and even those closest to him are having […]

In Australia, we are seeing signs of political unrest. Australian Prime Minister Tony Abbott has been a complete disaster. It is really a wonder how these people are elected and what goes through their minds. Abbott appears stunned by the swift pace of the challenge to his leadership. His collapse in the polls warned that he […]

The Schengen Agreement was to be the cornerstone of the entire euro proposition. We just warned that this freedom of movement would begin to come under pressure with this turning point:“As the economy turns down very hard after 2015.75, we are more likely than not going to see the freedom of movement in Europe fragment and that […]

In Paris, one of the top schools selected three students to appear of French TV with me to talk about the future. The pressing question was clear: what can they do to change things? In France, banking is taught from a limited perspective of simply a commercial banking operation. They do not explain the role of […]

Asian equities traded on the heavy side today (Nikkei -1.63% and Shanghai -2.67%), and so followed Europe. However, the U.S. market appeared most nervous of all world indices, even though they ended the day only down -0.4%. Obviously, the Fed’s decision is the main topic of conversation with Retail Sales tomorrow only gaining a mention, but these were reasons given for the tightest trading range seen in […]

PARIS et Banlieue Cinéma Espace Saint Michel 7, place St Michel 75005 Paris A partir du 16 septembre Tous les jours 13:20 (sauf dimanche) – 15:05 – 16:50 – 20:30 – 22:10 (sauf Mardi) Débat avec Martin Armstrong le 16 septembre à 20h30. Publicis Cinémas 129, av des Champs Elysées 75008 Paris A partir du […]

I understand that Larry Summers and the IMF, among others, are advising the Fed not to raise rates. They are expecting the Fed to sacrifice domestic policy objectives for international objectives where so many have borrowed in dollars to save interest. This is the real clash between domestic vs. international and the consequence of the […]

  It is very interesting to see that we have a lot of things emerging for our turning point on September 30/October 1 (2015.75). This is the day the funding of the Federal government stops and many are speculating that the government will shut its doors thanks to the conservatives in the Republican Party. Given […]