QUESTION: Mr. Armstrong; You mentioned that government workers and their pensions will destroy our economies. You said this is how Rome also fell. It certainly seems to be on point here in Ontario. Is there any way to stop this trend? Thank you JS ANSWER: Nobody has succeeded in previously ever identifying the source of […]

  Greenspan says bubbles can’t be stopped without ‘crunch’ Stockman: C’mon Alan! Bubbles Are Caused By Central Bankers, Not “Human Nature David Stockman is clearly still a politician who blames central bankers to the point he is just way out of touch. Stockman fails to even understand the global capital flows and harps on 1987 […]

Quite frankly, the problem  with Wikipedia has been its very design. The idea of Wikipedia that its open forum promotes content assumes honesty and quite frankly such a forum dies not exist. Wikipedia should be closed to politics and living persons for therein lies turning this forum into just a propaganda tool. Wikipedia has become a political […]

The evidence continues to surface that the NSA simply wants to know absolutely everything right down to who was the first girl or boy friend in school. Yes – it is that bad. A police officer reported that these questions were now being asked to apply for a job. This is becoming Stalinistic to put […]

The introduction to a University of Washington paper is right on point. It warns that there has been way too little investigation into the natural cyclical trends within the climate. The arrogance of assuming we have the power in our hands to change the entire environment within a few decades is absurd. The assumption that […]

The Reserve Bank of New Zealand hiked its official cash rate by a quarter point to 3.5%. Outside of Europe that seems to be in an economic death spiral, interest rates are poised to rise. The ECB is happy with that for flooding Europe with more euros and keeping interest rates at zero of moving […]

The Swiss National Bank and the People’s Bank of China reached a currency swap agreement on Monday. While this is not a huge trend changer in the near-term, it demonstrates that our forecast for China to become the largest economy and to be the next financial capital of the world when Europe and the USA […]

When a court issues a ruling it is actually called its “opinion”. In religious circles, many of the Protestants revolted against the Catholic Church because they did not like the fact that if the Pope decreed something, it was considered to be infallible – the Sacred Magisterium. Well American judges take the same position. Papal infallibility […]

Working for the government was always pitched as somehow being better guaranteed than risky corporations. However, he who makes the laws never goes to jail for breaking them – a plain fact of life. The problem with government pensions has been they promised whatever sounded nice, with zero accountability. The presumption that tax revenue was an […]

The Euro continues to sink lower as the dollar has risen to eight-month highs on worries over tougher sanctions to be imposed upon Russia and their potential impact on the seriously weak Eurozone growth. The tax rates in Europe are simply insane and now even the German population must work MORE than half the year […]