QUESTION: Mr. Armstrong; Why shouldn’t the rich pay more taxes? You defend the billionaires at the expense of the average person. How do you justify that? ANSWER: There are not enough billionaires to pay the bill for everyone else. Job growth since 1948 in government reached 310% in 2009 compared to 170% in non-farm private […]

I have gone on record that the most dangerous organization is the now French led IMF with Christine Lagarde at the helm, which has presented a concept report that debt cuts for over-indebted states are uncompromising and are to be performed more effectively in the future by defaulting on retirement accounts held in life insurance, mutual […]

  Merkel Congratulates her boy – Jean-Claude Juncker In an unbelievable move, in an open letter to the next President of the EU Commission, Jean-Claude Juncker, the national MPs have called for a bigger say in EU legislation. The letter is warned that “there are indications that in the EU fades the democratic legitimacy”. Indeed, the EU Commission […]

It is increasingly becoming clear that the message to Britain is either join the euro or get out. Cameron took a stand that the EU had to reform after the rising tide in elections are clearly against the federalization of Europe that was witnessed in the UK and France. The agenda is to federalize Europe […]

I stopped in the local Starbucks that has a drive through near the office. One person must have had a very good day and they told the server they wanted to pay for the car behind them. When the next car came up, the server informed them the car before had paid for them, yet […]

  The feeling in London is certainly one of let the good times roll. What you see everywhere is million dollar sports cars, abundant Bentleys, and no shortages of Rolls. Property inside the M25 (London) has gone nuts. A Friend went to put out the trash and bloke went up to him and offered 7 […]

Several years ago I warned based upon historical patterns that we were facing a Crisis in Democracy. I had received several comments saying I was wrong, of course, and that the decline in democracy would never unfold in the West. The more the economy implodes, the greater the pressure for government to adopt policies that […]

The default in Argentina, as with everything, has two-sides to each crisis. Argentina has been placing advertisements in the US Wall Street Journal and overseas in the leading newspapers of Europe with the headline – “ARGENTINA WANTS TO CONTINUE PAYING ITS DEBTS BUT THEY WON’T LET IT”. This brings up an interesting question with the […]

QUESTION: Mr. Armstrong; I think the light just went on. You said that capital invests on a net return basis. This makes sense. If I can make €100 on €100 per year who would not invest. If they tax those gains 80 per cent as Piketty argues, then I have only  €20. If I invest in […]

The greatest threat we have to the financial stability of the entire global economy is the collapse in liquidity. Governments cannot understand that their desperate need for money that has unleashed the worldwide hunt (or shakedown) is producing the greatest collapse in liquidity on a global scale perhaps in modern history. Even just recently, the […]