Princeton Economics International, Ltd. Edinburgh Transcript April 29, 1997     I would like to begin today with a brief overview as to how we at Princeton look at markets. For those of you who attended last year’s conference I will try to be as brief as possible.   Effectively, our models are based […]

The global demand for oil is declining as the United States moves toward self-sufficiency and is the only nation still in a positive economic trend. Everywhere else we see the global economy turning down since 2007 including China and Russia no less Europe. But the level of pessimism in the USA does not imply a […]

According to reliable sources, the primary reason I have been for backing off of war is because this is by no means going to be some TV CNN special where you watch things be blown up on TV as if it were a surreal movie or video game. First, Russia has intercontinental nuclear capability but […]

QUESTION: Marty Somebody has just bet $1.3million on a ‘NO’ vote result in the upcoming Scottish Independence Referendum – was that you? J Seriously, is the computer predicting a ‘YES’ on this issue (I have seen on the blog that the timing would be perfect, cycle-wise) and do you believe the hype about a 10% drop […]

For the first time the position of the dollar as world reserve currency in the United States has come under criticism by Obama’s former chief economist, Jared Bernstein (2009-2011). Bernstein argues that the accumulation of dollar reserves abroad make the US currency too strong. This destroys jobs in the United States and weakens the economy. Retaining […]

  Hadrian’s Wall Divides Scotland from England Since Roman Times QUESTION: Mr. Armstrong;  A friend of mine attended one of your Edinburgh conferences here in the nineties where he said they introduced you as a 7th generation Scotsman not as an American. He said you answered the question in 1997 and said that Scotland would […]

Many people have written asking about Putin. The pundits are claiming the Russian Army is weak and could not wage war. Russia is actually looking at expanding its military policy re-targeting Europe and the USA as enemies, and rewriting protocols for justification of a defensive first strike with nuclear weapons. The greatest mistake that the West […]

Perhaps the most perplexing aspect of the current equity trend that is not well understood has been the development of private investment by governments. Strangely enough, the development of the euro has totally disrupted the world monetary system for this has created a period of dramatic capital concentration in US dollar debt as the real […]

Merkel is under serious pressure from two fronts. The sanctions against Russia are having a major impact upon the European economy as a whole. This has caused Merkel to bluntly state that the US cannot solve all the problems of the world. Indeed, what she is not saying is that these US policies may be […]

Global central bankers led by Federal Reserve Chair Janet Yellen gathered in Jackson Hole for their annual Marxist Festival. Of course, those in government are just way too dangerous because whatever they see never involves them as a cause of any problem. It is impossible to see how to engage the economy when you eliminate […]