Credit card defaults in the US skyrocketed by 50% in the past year. Credit card defaults reached $46 billion in the first nine months of 2024, a level not seen since 2010. The cost of living has simply surpassed manageable levels for the majority of households. Americans are feeling the impact of inflation and compounding […]

COMMENT: Marty, I don’t know how your computer does it, but it called for high in stocks, gold, and a coming recession. At the WEC, you said rates would decline into 2025, but not dramatically, because of the war. You also said the dollar was not dead. You said Trump would not have clear sailing […]

QUESTION: Mr. Armstrong, I am new to your blog. My friends here have been on my case to listen to you. Our government has fallen, and I have observed one thing. Your forecasts are correct because nobody here will ever make a bold forecast, and they all seem to preach the same scenario. You have […]

Janet Yellen will finally step down from her role as Treasury Secretary in January, leaving a massive mess for her replacement, Scott Bessent. The budget deficit surpassed $36 trillion under the Biden-Harris Administration, with Yellen touting that the US had an endless supply of funds to spend and imaginary success of Bidenomics. As head of […]

The Western Press is too ignorant to write a story with old-fashioned investigative journalism since they just regurgitate what the Neocons put out, pick up the rug, and look at the silence of Biden in both comment and action. Putin hit Dnipro with the equivalent of a nuclear weapon that pulverizes the target yet does […]

Bernie Sanders chastised his own party for abandoning working-class Americans following Kamala’s defeat. Perhaps this is why Sanders is now open to reaching across the aisle and collaborating with the Trump Administration. Such an act would have been unfathomable to the Democratic Party mere weeks ago. The GOP was to be hated and demonized. Nothing […]

The United States Treasury reported a $1.833 trillion budget deficit for the fiscal year ending September 30. This marks the third-highest deficit on record, but it is solely due to government spending. The highest deficit happened in 2020 during the disaster of COVID, and second behind is the clean-up year of 2021 when the deficit […]

APR fees on credit cards have never been higher, reaching an average of 24.92% as of September 2024 in the United States. In fact, credit card interest rates have not been beneath 10% since the early 90s. Consumer debt has never been higher and countless households have fallen into a snowball situation where they simply […]

COMMENT: Marty, it is amazing that the world is not focusing on your model. Consumer confidence in the US took a nose dive, which was the largest decline in more than three years. The ECM turns, and central backs began to cut rates within weeks, and you explained that recessions are born when people lose […]

  COMMENT #3: Thank you for your interesting feedback on the debate; I was also very surprised at how well Kamala performed. She appeared calm and collected. Trump, on the contrary, did not come across as a resolute winner. I do not understand why he had to mention things such as immigrants feeding on cats […]