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July 8, 2015
COMMENT: Couldn’t help myself – I must share this personal story with your team and the blog readers. After reading Martin for just about a year, I began educating my family to what lies ahead. With that our oldest daughter had been living in Chicago until 2 weekends ago. She decided some time back to […]
July 8, 2015
QUESTION: Hi Martin, Since one year now I follow your blog and I see most things unfolding exactly as you describe. Although I do not agree with all points (climate change) I understand that personal opinion is not what will save us. Your computer and your comments give people insight in the mechanisms of how […]
July 7, 2015
The bond markets were the talk of the city today in London with continued uncertainty putting a bid under the street. Bunds were up over one and half points in early trade and although peripherals followed (BTP’s +70 cents) the gap just increased. Ten year Treasuries in late trading hit 2.20% — despite printing 2.31 in early Asia. […]
July 7, 2015
QUESTION: Dear Martin, Attached please find a review of a book on the achievements of Khan (1162- 1227). Despite his image, this visionary leader adopted some very ‘modern’ values (meritocracy, freedom of religion, universal laws (shepherds = princes), emancipation of women, taxation, free trade, etc.). This extra-ordinary man created an empire larger than the Roman one. […]
July 7, 2015
German Chancellor Angela Merkel and her French counterpart Francois Hollande have called on Greece to make “serious” proposals. There is no such thing as debt forgiveness, as the German’s received in 1953. Merkel sold the euro under the pretense that there would be no bailout for southern Europe; any money lent must be repaid. So it […]
July 7, 2015
OK. Let’s try to explain Europe a different way. What if the USA adopted a policy that said NAFTA (North American Free Trade Agreement) should move from a trade union of Canada, Mexico, and USA, to a monetary union. Both Canada and Mexico abandon their currencies and adopt the dollar. Canada would find things go up in […]
July 7, 2015
Let’s face reality. Margaret Thatcher was a polarizing figure for most in Britain failed to understand what she really was trying to accomplish. Her whole idea of a poll tax was not to benefit the rich; it was to force everyone to pay attention to government as a check and balance. Then there are the false […]
July 7, 2015
QUESTION: Mr. Armstrong Who prints euro notes? Could Greece just flood the market is euro banknotes? Thanks you for your guidance PK REPLY: Legally, both the European Central Bank and the National Central Banks (NCBs) of the Eurozone countries have the right to issue the seven different euro banknotes. In practice, only the NCBs of the zone physically […]
July 7, 2015
In Britain where citizens do not have the right to have a gun, violence still takes place using older methods, such as knives. Now, they are asking people to surrender their knives. Next comes sticks and stones. Some people will be violent no matter what weapon they can muster.
July 6, 2015
Some readers sent in comments that my use of the phrase “World War III by economic means using the pen” was harsh, so let me state this very clearly. Brussels and the Troika will NEVER back down. To them, the euro is irreversible and they refuse to see that their policies are dead wrong. Proof that this […]