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State of the World Trends

QUESTION: Dear Mr. Armstrong, Firstly, I would like to thank you for discussing economic and political matters in an honest and frank manner.  It is difficult in the present world to find individuals with integrity, and I am aware that you have sacrificed a great deal in order to maintain yours.  As a student of […]

ECB & Negative Interest Rates

The European Central Bank is so out of touch with the economy it is frieghtening. They see that they have a range of options to consider including negative interest rates. What they do not grasp is that people will not invest and start businesses simply because interest rates are too high. The people must see […]

War Against the Rich – Age Old Battle

The battle of class warfare has been raging for thousands of years. This is nothing new and it has tended to end is sheer disaster without exception. Basil II (b 958; 976–1025) really set the decline and fall of the Byzantine Empire in motion by engaging in such class-warfare to win popularity. Just as government desperately needs money […]

Pensions have ALWAYS Destroyed Society – Just Like Detroit

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 […]

Law = Just Opinion – Obamacare is Illegal As Applied

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 […]

The Sum of our Future – He who Makes the Laws never goes to Jail for Breaking them

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

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 […]

Huge Fines on Banks Moving Capital

All of these huge fines that have exceeded $250 BILLION have the big capital very worried and starting to scramble with respect how to protect their assets. The whole craziness of the banking fines is that there is no limit. It is not like if you go through a red light the fine is $250. […]

Understanding the Extremes on Both Sides

To make this perfectly clear, extreme views on the left or the right end up meeting in the same back parking lot where they agree the people are the great unwashed and are too stupid to see they need to be manipulated and controlled. In Europe, so-called democratically elected representative lie their ass off to […]

German Municipals In Trouble

Part of our job is monitoring everything everywhere. We are gathering data om whatever moves on a global basis. I have stated numerous times, it is IMPOSSIBLE to forecast a single market in isolation because the wildcard comes from contagions set in motion elsewhere. It is like sunning on the beach and there is a […]