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April 15, 2015
Greece’s debt is now cut to CCC in preparation for an eventual default. Brussels just cannot think out of the box. There will be no solution until the thinking paradigm is changed. I previously wrote: With the economy turning down, the pain threshold will rise. The lack of liquidity will be a huge problem if […]
April 15, 2015
COMMENT: Hello Martin, The volume and content of the work you are putting out is both phenomenal and sincerely appreciated. In relation to your recent topics on education and learning, Dorothy Sayers wrote an interesting article in 1947 about the “Lost Tools of Learning” http://www.gbt.org/text/sayers.html where she referenced Aristotles Trivium, Quadrivium based work that has […]
April 15, 2015
QUESTION: Good morning Marty, Will you be in Belfast this Sunday? Thanks, T ANSWER: No, sorry. My schedule has been so busy that I was unable to make it to the debut of the film in Ireland or London. I would have loved to have been there since I lived in London for […]
April 15, 2015
COMMENT: Mr. Armstrong, I can talk till I’m blue in the face and it just does not matter! I say to people they are going to ban cash because of taxes and cash is not traceable, try as I might 1 out of 50 people see it. What a shame. I agree when you say […]
April 15, 2015
COMMENT Hi Martin, In response to your blog post, “How to Think May Be the Key to Everything” I thought you might like this quote from Ralph Waldo Emerson: A foolish consistency is the hobgoblin of little minds, adored by little statesmen and philosophers and divines. With consistency a great soul has simply nothing to […]
April 15, 2015
Louisiana has passed a bill making it illegal to pay for used goods with cash. You can no longer buy something at a yard sale, flea market, or anywhere else where cash payment is required. You must pay by check, money order, or electronic transfer instead. They claim this is targeting criminals. Yeah – good explanation, […]
April 15, 2015
QUESTION: Mr. Armstrong; What did people really do during the German hyperinflation? It seems that all you hear about has been people running around with wheelbarrows of cash to buy anything. Was that truly reality or just the extremes? God Bless HS ANSWER: Life actually went on. People used American dollars and other foreign currency. […]
April 15, 2015
A year ago, Thomas Piketty, 43, was the most sought after economist of his generation. With weighty arguments about capitalism’s increasingly unequal income distribution, the Frenchman achieved something similar to a rock star status. Nobel Prize winners were at his feet and praised his book, “The Capital in the 21st Century”, a scientific critique of […]
April 14, 2015
There is little doubt that the elected Republicans will fail to change Washington’s economic direction. According to Forbes, Republicans are planning to increase the deficit by 20% this year. This decision is setting the stage for a Third Party run in 2016. It does not matter if we elect a Democrat or Republican – neither […]
April 14, 2015
QUESTION: Marty, I am an avid reader and a big fan. My mind now works much better than ever, and I am nearing my 60th year. Thank you for trying to better society in such a selfless way. My question for today is this…how do you do it? What I am referring to is the […]