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June 4, 2015
In Fredensborg, Denmark, ten official cars from the Tax Administration Office were set on fire and destroyed overnight in a protest. Police received notification Wednesday night at 3:09 a.m. that the Tax Administration offices on Kratvej were on fire. So far, there are no suspects. The police will undoubtedly hunt for someone retaliating against the Tax Man. On February 18, […]
June 4, 2015
COMMENTS: (1) Marty, are there any key downside support levels we should be paying attention to here? That call from your computer model warning us to look out below several months ago, all while the Euro Bunds were continuing to rise and setting new lows for yields, is absolutely remarkable! (2) When you said sell the […]
June 4, 2015
There have been multiple bomb threats called in against U.S. aircrafts, curiously timed in a possible attempt to support refunding the NSA. The threats, five in total, were similar to chemical weapon threats made against an aircraft last week. Clearly, the claims were fake, and although NBC News reported that the threats may have been made by an […]
June 4, 2015
Thomas J. Hughes, a 29-year-old investment banker allegedly took his life by jumping from a luxury apartment building at 1 West Street in Manhattan last week. Per usual, the NYPD immediately declared it a suicide. Strangely, serious investigations never took place and similar deaths have occurred within the past 18 months all declared suicides. Wall […]
June 4, 2015
Not all debt has the same economic effect, for like ice cream, there are at least three basic flavors: If someone borrows to create a business, this is the most productive form of debt, which expands the economy producing real jobs. Next we have the “bring it forward” debt scheme. This is a mortgage that brings future […]
June 3, 2015
Julia Livilla (18 – 41AD) Julia Livilla was the youngest Child of Germanicus and Agrippina Senior. She was born on the island of Lesbos during her parents’ tour of the eastern provinces. She is best known, like her sisters Agrippina Junior and Drusilla, for the alleged incestuous relationship she had with her brother, Caligula. Suetonius, the earliest […]
June 3, 2015
QUESTION: Mr Armstrong; You have written that the Federal Reserve remains on track to raise interest rates later this year and this will accelerate the capital inflows driving the dollar higher. You previously warned that this will also set off further defaults in emerging market debt and you have also said that the pension funds […]
June 3, 2015
In response to questions from a major U.S. city and the debt crisis, I will not mention the names for this is sensitive and highly political. I have decided to address the question, which I would normally do privately, only because a lot of municipal governments are in trouble in many countries. The same problems […]
June 3, 2015
The conference to tax money was held on May 18, 2015, in London at the Mandarin Oriental Hyde Park in Knightsbridge. I can only assume that the lack press coverage was deliberate, and intended to avoid sending panic to the people, which would lead to a massive bank run if people understood what these guys are […]
June 2, 2015
Illinois is now regarded as the worst state in the nation, with respect to the prospect of a collapse in state pension. On May 8, 2015, the Illinois state Supreme Court handed down a decision that severely restricts the ability to revise pensions. The court ruled that the Illinois constitution prohibits a 2013 bill that intended to address […]