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May 18, 2015
Martin, The joke originated as follows: A reporter approaches a Russian, a North Korean, a Saudi, and a native New Yorker and asks, “Excuse me gentlemen, what is your opinion of the current meat shortage?” Russian: “What is ‘meat’?” Saudi: “What is ‘shortage’?” North Korean: “What is ‘opinion’?” New Yorker: “What is ‘excuse me’?” Enjoy […]
May 18, 2015
Europe is moving full speed ahead to eliminate all cash. Instead of reforming and tackling the economic problems, government always seeks to maintain the same course of thinking that now leads us to the totalitarian approach coming from Brussels. To maintain the euro, they must maintain the banks. However, the bank reserves are debts of […]
May 18, 2015
QUESTION: Mr. Armstrong, I realize you do not believe you are influential. However, you began your European tour on April 28th and ever since the bond markets have declined and you said buy gold coins in Stuttgart and Germans are frantically buying gold all of a sudden and the economy has not yet collapsed. This […]
May 18, 2015
The entire idea of Marxism is coming to a real crash and burn. China and Russia experienced that collapse in 1989.95 with the turn in the Economic Confidence Model. The events began with the crackdown that initiated on June 3-4, 1989, which became known as the Tiananmen Square Massacre. The fall of communism began when military troops with […]
May 17, 2015
More and more details keep surfacing about the corruption of the Clintons. The biggest contributors to Hillary are Goldman Sachs, J.P. Morgan, and Citibank. After all, it was the Clintons who repealed Glass-Steagall, enabling transactional banking that is destroying the world economy. The view of Hillary from outside the USA is much more critical than […]
May 17, 2015
Poland is legally obliged to switch its currency to the euro under the terms of its 2004 EU entry. Nonetheless, Poland has continually demurred amid the Eurozone’s financial woes and voter opposition to exterminating the zloty, its national currency. Killing the zloty will only bring massive inflation to Poland and serious harm to its economy. Poland’s […]
May 17, 2015
We will be launching Socrates shortly. It will be able to speak over the net, but trying to get the speech recognition through the net is the big problem. We will continue to move forward on the proprietary tablet that will handle speech recognition, hopefully better than this elevator.
May 17, 2015
This is how a child solved a math problem. Clearly, this is a gifted child who could rise rapidly to lead some nation somewhere. We just have to figure out where.
May 17, 2015
A joke in Poland illustrating their distrust of government: A dog walker takes three dogs for a walk. The American dog tells the Russian and Polish dogs how great it is in democracy. All he has to do is bark and they give him meat. The Polish dog asks, “What is meat?” and the Russian […]
May 17, 2015
QUESTION: Hello Martin, Did banks receive government bailouts prior to Glass-Stegal being repealed? If so, if they are forced to return to relationship banking, why can’t the big boys simply drop lending standards and keep bad loans on the books (with a nod and wink from congress), knowing they can strong arm politicians into another […]