QUESTION: Mr. Armstrong; Do you agree with Trump that if he canceled NAFTA, the United States would be better off? SN ANSWER: Ironically – YES from a jobs perspective, not the consumer. What you have to understand is that these trade deals are all nonsense. They are NOT Free Trade in the least. They are […]

COMMENT: Mr. Armstrong; The chart you posted on the Venezuela share market really made me see what you have been saying. Collapse the confidence in government and capital flees to the private sector. This is never taught in school! You have to write a book for posterity. Please! RW REPLY: The Venezuelan share market has soared […]

QUESTION: Mr. Armstrong; I take it your concern over Trump from the market perspective is the sheer uncertainty that is evolving. How do you see this playing out for the world economy? Thank you. I agree. These people who hate Trump just hate him so passionately. MRU ANSWER: Markets do not like UNCERTAINTY. These people […]

COMMENT: I know a guy who just hates Trump and claims he hates Trump because he is a racist and incompetent and says I am a racist because I did not like Obama. But nobody that I ever knew hated Obama with such personal vindictiveness. These people would rather burn the house down and seem […]

QUESTION: Mr. Armstrong; You said the constitution forbids arresting a member of Congress on his way to the hill. I have never heard of that. Is this why you warn that trying to indict Trump is constitutionally risky? Thank you for your education HS ANSWER: Yes. To Indict any president is really a risky adventure. This […]

The fact that House Speaker Paul Ryan said he doesn’t see a role for Congress in investigating the identity of the author of a New York Times op-ed, demonstrates that this is incompetent or complacent in what is taking place in Washington. This is no longer about just removing Trump from office. This is seriously about National Security. Such […]

There has been another major 7.8 deep earthquake again in the Pacific.  There was a serious earthquake yesterday in Japan. This is all in our period for a rise in activity in the Pacific region.  

Monetary History of Byzantium   ALEXIUS I 1081-1118 Alexius I Comnenos (c. 1048; 1081 – 1118AD) was Byzantine emperor from 1081 to 1118 yet he inherited a collapsing empire. Byzantium faced constant warfare against Seljuq Turks in Asia Minor and the French in the western Balkans.  Alexius also faced the collapsed on the monetary system. […]

There has never been a President of the United States who is so hated by the political establishment which is absolutely determined to remove him from office, destroy his empire, and imprison his family while they are at it. The claimed New York Times Op_ed which is supposedly by a high ranking official in the Trump Administration […]

QUESTION:  Hello Martin … I follow emerging markets closely and one thing I note is that the size of the sovereign forex-denominated debt burdens are quite small relative to GDP except in the case of Argentina (48%). Everybody else, including Turkey and Indonesia) is 11% or less. How can you have a debt crisis if […]