There was a major discovery that surfaced from the starvation during the Great Depression. Yes, people went to bed hungry. However, eating less increased the life-expectancy by six years for the population at large. How? The less you eat the longer you live. It was first noticed that when you eat less, your body repairs […]

COMMENT: Armstrong, I have to admit that you are right and I was wrong on fractional reserve banking. Due to the ongoing conflict in what I wanted to believe and what you said would be true, I researched myself. Although I am an accountant I adopted the claims that banks can create money out of […]

The Greek proposals included higher taxes, welfare charges, and steps to curtail early retirement. This is simply more deflationary pressure that will crack Greece apart. However, Prime Minister Alexis Tsipras is not prepared to cut nominal pension or wage cuts first sought by lenders, which would more likely than not spark revolution. Tsipras, who was elected in January […]

Today we are seeing some large price/percentage moves in many markets, which is something we should all start to accept as the new norm for the second half of this year moving forward. Rumours started Sunday of Tspiras’s new proposal and the markets took it all at face value! DAX at best was up 3.5%; ASX closed […]

QUESTION: Can you please explain how your Solution is different than what Central Banks around the world are currently doing  and appear to be poised to expand on?  And how it changes anything? As I understand it your plan is to exchange all national/soverign government debt for private equity credits, which smells alot like a […]

  QUESTION: Marty, I lived in Greece for 3 years while in the US Air Force. I fell in LOVE with the country, the people and the food!   I want nothing but the best for this country.  If you were given the floor in front of PM Alexis Tsipras, what steps would you suggest that […]

Greece’s former representative to the IMF, Panagiotis Roumeliotis, testified in front of the special parliamentary committee concerning the outstanding Greek debt. He revealed that the IMF has been training journalists to support the Troika.  Roumeliotis testified: “The IMF trained [journalists so that] Greek journalists can promote the positions of the IMF and the European Commission in Greek media.”

The summit held Monday of the new superheroes, known as the Euro-Rescuers, are lost in the canyons of their own minds for they do not comprehend how the economy functions in the least. They just cannot see the problem for they lack a mirror and will never question themselves as a problem. Consequently, the same line of thinking […]

The whole idea of a one world government that began in Europe with the Treaty of Rome was based upon the idea inside Europe that a single government would end war. They never considered that there are two sides to that coin ­– international war and internal war – that we call revolution. As Thomas […]

This is socialism collapsing. Hundreds of thousands of people have joined together to protest anti-austerity. So many people attended that the police refuse to number the crowd fearing it was just too many. We are at a crossroads. We have people who live in their little bubbles like Rogoff and Buiter who tell government they need […]