On Jan. 1, 2014, Latvia will adopt the euro and another currency bites the dust. The lats currency will be gone and we must say farewell to the fulsomely bearded Krišjānis Barons, the collector of folk songs who graces the 100-latu note. The little Baltic nation is shucking a piece of its national heritage because its […]

On Monday, Congress held its first congressional hearing on virtual currencies focusing on bitcoin. As Congress discussed bitcoin, the price of one bitcoin soared to more than $750 apiece. Overlooked was the concern focused on anonymity and lack of regulation. Personally, it is hard to imagine a world where they will allow bitcoin to survive when they […]

QUESTION: Marty, thank you so much for your article on Larry Summers. I am starting to understand why you do what you do. You actually care. This is obviously not about money for you. I never thought rates could go negative. You have opened my eyes to the way these people actually think. They are […]

QUESTION: Hi Marty Can interest rates go higher during a deflationary period. You mentioned in your posts, deflation is gripping Europe and im assuming the same for Asia. Once velocity falls and growth rates contract, is there a possibility of rates going higher, because of taxation and investor demand for higher yields? Thanks ANSWER: Yes. It […]

The Global Market Watch has been posted for the close of November 18, 2013. https://www.armstrongeconomics.com/market-watch/

Perhaps because they were unable to orchestrate the invasion of Syria, the Saudis are turning now against the very people they have been using. They are now seeking to throw out of their country any undocumented person fearing that they will rise up against the government and monarchy for religiously they support no separation of […]

COMMENT: Martin, Your latest blog had me pissing my pants in laughter as my business partner in Texas had his Blue Cross insurance cancelled because he didn’t have ” maternity leave”….. He’s a 59 year old man… JG REPLY: This whole thing is a total disaster. This is what happens when the government gets involved.

  Snowden would have been a Hero in the 19th Century

A speech delivered by Larry Summers at the IMF Research Conference on Nov. 8, 2013, has caused a real stir and is being hailed as brilliant, succinct, and a ground-breaking presentation that explained what many say is the most pressing economic matter of our time. The speech is being widely praised of course by Paul […]

In France, an internal secret report of the French government warns of nationwide civil unrest as the economy simply implodes with rising taxes and higher unemployment. The French people are reported are simply “full of tension, frustration and anger” all because their purchasing power decreases (deflation) in the face of ever increasing tax burdens reported the Deutsche-Wirtschafts-Nachrichten. […]