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Hungary Creates “Population First” Economy

Hungary’s Viktor Orban is fighting declining birth rates with a “population first” agenda that will make parenthood more affordable. “We are building the world’s first family-centered economy,” Orban proclaimed. One of the first steps will be eliminating taxes for mothers. Mothers with one child will be exempt from paying income tax until they turn 30, […]

War Fever in Europe Going Crazy

COMMENT: Dear Marty! These are original advertising posters for war bonds from 1914-1918 from the former monarchy. I thought this might be of interest to you. I took the photos myself here. I hereby grant you all rights for publication on your blog. Many people all over the world owe you and your tireless efforts […]

Poverty Falls Significantly in Argentina

President Javier Milei saved Argentina from the despair of socialism. Poverty reached a two-decade high between January and June of 2024 at 52.9% when Milei was working diligently to undo decades of poor fiscal policies. New data suggests the number of citizens under the poverty line has fallen to 38.1% Before taking office,  around 57% […]

What Nobody Seems to Understand About the Trade Deficit!!!!

QUESTION: Mr. Armstrong, you have said that we have lost manufacturing because of taxes rather than tariffs. I believe you also said that a trade deficit is not a bad thing under your capital flow analysis. Can you please explain this? The press seems to say the opposite, but they are political fake news. Thank […]

Uptick in US Manufacturing

Companies are beginning to move production to the United States to avoid tariffs. “President Trump’s economic polices are simple: if you invest in and create jobs in America, you’ll be rewarded. We’ll lower regulations and reduce taxes,” Vice President J.D. Vance posted online. “But if you build outside of the United States, you’re on your […]

Trump Tariffs & Liberation Day

President Trump announced a baseline 10% tariff on U.S. imports, with steeper reciprocal levies on goods from Europe, Japan, China, and more than 50 other nations. The problem is that he will be blamed for the recession/depression the world is headed into, which will not bottom until August 25th, 2028. Economists widely criticized tariffs for […]

Are States & Provinces Destined to Default by 2034?

You have to wonder why we have the most incompetent people in government, perhaps in history. While there is not a single leader in Europe who I would even want to have a drink with or shake hands, we see the same on the LEFT in the United States. No matter how often they want […]

CBO Issues Dire Forecast for US Debt

The US Congressional Budget Office is warning that the federal deficit has hit a point of no return. It is far too late to cut wasteful government spending. Politicians have kicked the can down the road for far too long and left us with a financial system held up through perpetual borrowing that cannot be […]

The Tyranny of Centralized Government

For centuries, the main reason no government has ever survived its own greed for money and power is that whoever is in power at present constantly assumes that this time it is different—they are in charge. Communities rise from humble beginnings and expand into formal governments that seek to become nation-states, often absorbing the communities […]

Canada’s Provincial Trade Barriers

Several readers were surprised to hear that Canada imposes provincial “tariffs” or trade barriers that simply act as tariffs. Canadian politicians have been promoting a marketing campaign against US-imposed tariffs, but must recognize that their own domestic policy is hurting the Canadian economy in a massive way. Canada’s tariff rate on international imports averages 1.4%, […]