If there was ever a person who I would say was a mentor to me with respect to political understanding, it is Thomas Jefferson. It was interesting that Jefferson was often attacked because of his ideas. In an 18th-century presidential campaign, people slandered Jefferson’s candidacy to support John Adams, accusing Jefferson of being “half Injun, half […]

COMMENT: Marty, I found your take on matching lenders and borrowers precisely on point. Whilst it sounds innovative, that is precisely what blew up with the mortgage backed securities. The New York bankers took long-term and sold it to many banks in Europe and to insurance funds. That was matching the terms. Even Iceland’s proposal to shift […]

VOD SCREENING of “The Forecaster” will be April 30th to May 6th

The showing of “The Forecaster” was a tremendous success in London. The theater has requested that the film continue in an extended showing until April 29th. Here are the showings where tickets can be bought on a first-come, first-served basis. Tickets   Friday 24 Apr                  18:25 Saturday […]

Banking has existed from the earliest of times and has taken many forms from safe deposit storage, money changers, merchants with the ability to move money internationally, to money lenders. Some people wrongly assume that they can eliminate the business cycle by eliminating fractional banking. They assume that it will be possible to match lenders […]

When Communism fell, there was no private ownership. People ended up owning the place in which they lived for a small fee payable to the government. Suddenly, Eastern Europeans owned property with no debt for the most part. Banks rushed in offering credit cards and mortgages backed by wholly owned property. The banks buried the […]

The popular German cultural show for the younger generation “ZDF Aspekte” (Aspects) sent a film crew to the States to interview me on the Economic Confidence Model, Europe, and a lot more. It should appear this Friday night, April 24, 2015, throughout Germany. The rising generation is looking more and more for answers since the old […]

QUESTION: Mr, Armstrong; you wrote that Labour has a slight advantage. I assume you are including the SNP of Scotland since they use to be Labour. They were not included in the Telegraph poll. Is this the reasoning behind your warning that the British pound is likely to fall to par? ANSWER: Yes. The SNP appears […]

The computer is starting to really pick up October, lining up with the ECM for 2015.75. Now the Greek government issued a decree that forces local governments to transfer all cash balances to the central bank, as debt to the International Monetary Fund and salaries are due. This is crazy. Greece should default before it creates its […]

  Nigel is a former trader. That profession trains you to see the world as it really is, for those who cling to theory go broke quickly. Nigel is not a lawyer, as the rest of the bunch occupying government around the world. So that means everything, for we cannot solve the crisis we are […]