We are facing a very serious crisis in the year ahead. There is no changing the course of government. They will continue to borrow every year. This is far worse than printing money and it is why we will not see hyperinflation. This is actually the greatest transfer of wealth in the history of human […]

Manipulating the World Economy by Martin Armstrong posted November 26th, 2012;Copyright all rights reserved Manipulating the World Economy is what governments and bankers have been desperately trying to do. The entire foundation of the “New Economics” of which Paul Volcker mentions in his Rediscovery of the Business Cycle, was to create a flat line in […]

Rearden heard Bertram Scudder, outside the group, say to a girl who made some sound of indignation, “Don’t let him disturb you. You know, money is the root of all evil – and he’s the typical product of money.” Rearden did not think that Francisco could have heard it, but he saw Francisco turning to […]

The greatest problem we have is that liquidity is down by more than 50% still since 2007 on a global scale. Governments are getting so aggressive with taxation they are killing the global economy causing capital to just hoard. This nonsense of terrorism has created a global tax gathering process that is unbelievable. Hotels in […]

The one thing on this global tour that is pouring out of the seams is just how much the United States is seen as a dictator & bully to the rest of the world refusing to respect territorial jurisdiction. In every country I have visited, I have been embraced as an American Political Prisoner. Everyone […]

Copyright October 22, 2012 Martin Armstrong All Rights Reserved Has Greece Bottomed? We have witnessed extraordinary events coming out of Greece. There is little doubt that its bonds are now rated as junk. However, there is a lesson to be learned from the 1931 Sovereign Debt Crisis. After each nation defaulted and was relieved of […]

Copyright Martin Armstrong All Rights Reserved October 13th, 2012 The Risk of Low Interest Rates Analysis is dominated by simply opinion and therein lies the problem. Economics has become nothing like a science. In physics, one observes and then determines the “LAWS” as to how the universe functions. In the field of Economics and Finance, […]

http://www.whitehouse.gov/omb/budget The President’s 2013 Budget is out and it should be stated that there is no forecasting ability incorporated in this report. The projections are based on the assumption that what is in motion stays in motion. So the increase in interest expenditures that they freely show here will exceed all nondefense spending in the […]

Asia – The Coming New Financial Capital of the World   One of the most significant advantages of gathering historical information on the rise and fall of nations throughout history, has been the discovery of the true nature of the world economy and its interactions with mankind. Nothing lasts forever. There are four seasons to […]

July 18, 1996 Testimony of: Martin A. Armstrong Chairman Princeton Economic Institute 214 Carnegie Center Princeton, NJ 08540   Mr. Chairman, members of the committee. I would like to thank you for inviting me here today to offer what information PEI has gathered from our experience in dealing with the multinational corporate and institutional sector […]