European Monetary Union – the fate of Europe © Princeton Economic Institute 1997 [Overview] [Latest News] [Previous Updates] [London Lecture] [Criteria] [Time Table] [Country Analysis] [Maastricht-Treaty] [History] [Currency Forecasts] Welcome to the PEI research site devoted to keeping the financial community up to date on the pending new European Monetary Union and its impact upon the […]

Copyright Martin Armstrong all Rights Reserved January 8th, 2013 At our conferences around the world, we have discussed the Cycle of War and how this too has been incredibly accurate demonstrating that what may appear to be random, is really highly ordered chaos. This turns in 2014. To set the record straight, so far there […]

Copyright Martin Armstrong all rights reserved January 7th, 2013  The European Central Bank is taking a deep breath as its President Mario Draghi now turns his attention to desperately trying to nurse the Eurozone back to some stable economic health. The crisis management measures of the last three years have subsided for now as the […]

There seems to be great confusion surrounding what is money and what is meant by the term “legal tender”. Legal tender is a medium of payment allowed by law or recognized by a legal system to be valid for meeting any financial obligation including taxes.Legal tender is therefore anything which when offered in payment extinguishes a […]

The ultimate irony is the former communist country is now courting capitalists fleeing the West. The crazy thing is both Russia and China seem to be offering sanctuary to Westerners fleeing insane tax laws. This whole thing is getting nuts. French actor Depardieu has been so publicly insulted by the French President that he meet […]

Copyright Martin Armstrong all right reserved January 5th, 2013 The Age of Materialism/Consumerism Why Starbucks is a Global Success & How Consumerism Created the Industrial Revolution By Martin Armstrong Traveling around the globe for 3 months, there was always a feeling of security when a Starbucks was nearby – except in Italy where coffee is […]

2013 will be the Pi (π) target year for the low in interest rates from the 1981 high. The key in this giant financial crisis is still Europe. Marxism has failed. Russia & China faced that in 1989. The West has to learn this lessen as well. As a whole, Europe will post the lowest economic […]

While it is likely that the US politicians will vote now before the new Congress comes in because that was the deal (lame-duck), there is a serious consequence to this sort of crisis management that Congress has preferred waiting to the last minute for everything. When I wrote that the threshold for reporting money transfers […]

The Year-End closings for 2012 were in the S&P 1,426.19, Dow Jones Industrials 13,104.14, Nasdaq 3,019.51, EURO/USD 1.3191, US 10-Year Bond 1.76%, Gold $1,674.30, Crude Oil $91.59. Economic growth will rebound in Asia including China as well as the BRICS (Brazil, Russia, India, China and South America) . Europe will be the worse on the […]

   Copyright Martin Armstrong December 30th, 2012 All Rights Reserved   There is no longer any question that the US surveillance regime put in place by George Bush, Jr. has given birth to the most intrusive monitoring of society that has EVER existed in history. Sources on Capitol Hill explain they even feel victim because […]