The civil war in Syria has long-reaching consequences for the whole region. However, nothing is more serious than making the same mistake twice. While it is popular to demonize both the leaders of Syria and the former leader of Iraq Saddam Hussein, what both did was keep the religious zealots in check. The consequences for […]

The Euro has plummeted dropping to 12900 zone. Our Daily Bearish on the spot lies at 12940. Portugal interest rates have jumped to 8% and will move higher. Austria has closed 25% of all the branches of their bank in crisis, and we are waiting for the first crack in German banks. The EU Commission […]

Civil Unrest has been what our model was forecasting. What is happening everywhere is just amazing. Government is so out of control and all this is about is holding on to the reins of power. They have totally forgotten what “free” societies even were supposed to be, In Turkey we have massive riots against the […]

The key problem on a global scale has been the sheer arrogance of government in the Western so called “democratic” regions. People are starting to wake up and realize that we do not live in a democracy but republics and we remain without a voice. Once these people take power, they stop all consultation with […]

The Dow Jones Industrials closed at 15303.10 closing below initial support at 15325 yet holding 15125. The primary support lies at 14390. A weekly closing BELOW that level will signal a short-term correction is underway. The nonsense spouted out by domestic analysts that the market has rallied because the Fed easing is just gibberish. Japan […]

Country Analysis Greece The probability of Greece joining EMU from the beginning remains quite high in the long-run but impossible for 1999. There is little doubt that Greece has been the last man in the 100 yard dash for the brass ring (EMU), this nation has made remarkable progress on the economic front. The political […]

Copyright August 21st, 2011 Please register for Special Updates and Please send comments and suggestions to ArmstrongEconomics.COM Copyright Martin A. Armstrong All Rights Reserved  This Report may be forwarded as you like without charge to individuals or governments around the world. It is provided as a Public Service at this time without cost because of […]

Copyright March 21, 2013 all rights reserved By Martin Armstrong The Cyprus event is the key to geopolitical survival of Europe. There is a substantial difference between Russia and China. Russia lost territory and as such needs to reestablish its “empire” that it sees as territory not economic power as does China. That means that […]

Heinrich Schliemann (1822 – 1890) was a German businessman and the real man who pioneered of field archaeology. He believed in the historical accuracy of Homer’s Iliad and Virgil’s Aeneid and that they told stories that reflected actual historical events. Of course, all the academics pronounced Homer’s writing was a story for children. Schliemann was […]

List of modern Sovereign Debt Defaults or Debt Restructuring The following list includes actual sovereign defaults and debt restructuring of independent countries from 1800 till 2012 Africa Algeria (1991) Angola (1976, 1985, 1992-2002) Cameroon (2004) Central African Republic (1981, 1983) Congo (Kinshasa) (1979) Côte d’Ivoire (1983, 2000) Gabon (1999–2005) Ghana (1979, 1982) Liberia (1989–2006) Madagascar […]