Some readers sent in comments that my use of the phrase “World War III by economic means using the pen” was harsh, so let me state this very clearly. Brussels and the Troika will NEVER back down. To them, the euro is irreversible and they refuse to see that their policies are dead wrong. Proof that this […]

The people we have been speaking to in Greece are confused and puzzled as to what will happen next and are anxious to see how things play out over the next couple of days. That said, the morning after feeling is one of great pride and determination to face what comes their way. Contrary to popular messages, […]

Brussels has been dead wrong. The stupid idea that the euro will bring stability and peace, as it was sold from the outset, has migrated to European domination as if this were “Game of Thrones”. Those in power have misread history, almost at every possible level. The assumption that the D-marks’ strength was a good […]

So far, it looks about 60%+ for the NO vote. This is a truly astonishing victory. We can see that this is going to have a stunning impact upon Europe as a whole by the sheer magnitude of the percentage victory after more than half of the people could not vote without returning to their place […]

Our staff in Athens right now is reporting that it appears the NO vote has the majority. This vote demonstrates that Brussels has been dead wrong with austerity for the last five years. This is likely to encourage a contagion. Brussels will most likely resist for this is now all about saving their power and […]

QUESTION: Mr. Armstrong, It seems curious that the IMF would release a report ahead of the Greek Referendum that was over the objections of the European members. Something seems amiss. Do you have any insight on this issue? ANSWER: For quite some time, the U.S. has demanded for the Eurozone to assume the debt of Greece, […]

Voting today began at 7 AM local time in Greece and will continue until 9 PM. The polls show a virtually even split. We are likely going to see civil war unfold in Greece if this is a YES vote, for the youth will have absolutely no future under the oppression of Brussels and those who think […]

The reading from our staff on the grounds in Athens seems to be 50/50 right now, but the NO vote appears to be more organized with booths and stalls setup everywhere. A NO vote is the ONLY way forward for Greece. What they must be mindful of is that Brussels will have its talons firmly embedded in the count. It is […]

The obsession with austerity stems from Germany’s experience with hyperinflation. This is akin to the USA’s obsession with the deflation of the Great Depression. Both political groups and nations fail to understand the real causes of what they experienced so we end up with rising authoritarianism that will not end nicely. Austerity cannot continue when government continues […]

The Sovereign Debt Crisis began with Greece asking for help from the IMF to the day of pi from the peak in the ECM 2007.15. The EU then crushed Cyprus to see how they could get away with not paying people or honoring their debts. The Cyprus experiment was the start of the bail-in that is now […]