I promised everyone at the San Diego Conference that I would make a first hand account of the world economy on this trip. Hong Kong property is at record highs. Mainland has let Hong Kong largely alone. In China, what I observed in 1997 when I was invited by the Government to assist after […]

We are preparing a Special Asian forecast for the Bangkok Seminar. We will be reviewing Asia on a country by country basis and have been reviewing things in China as well, which will be critical for the Global Economy. Bangkok Seminar November 2nd & 3rd

In China, the top scandal is about corruption. The story of Bo Xilai, a charismatic and ambitious politician, who was the Communist Party secretary of China’s sprawling Chongqing municipality. The papers talk about how he was driven by the greed of his wife. At least it is in the open and being discussed. This stands in contrast to […]

Tensions Continue in Greece Tensions in Greece mounted over Greece’s impending need for more financial aid and its plan to make additional budget cuts in order to qualify for aid.  Both internal and external pressures are squeezing the Greek government.  Hundreds of thousands of Greek workers staged a strike Wednesday to protest the anticipated new […]

  Copyright Martin Armstrong All Rights Reserved September 13, 2012 QE3 Confirms The Economic Implosion There is little doubt that the economy will not recover any time soon and QE3 proves that trend is in motion in addition to it being election time. The push to hunt down capital on a global scale is creating […]

Pessimism is building as 2013 appears on the horizon. We are likely to see in real terms negative growth with the slowdown spreading even to China. Next year wit the drastic rise in taxes and the continued lack of long-term confidence in general, we may see a decline in growth that could even dip into […]

Eurozone GDP shrinks .2% The gross domestic product of the 17 countries using the euro fell 0.2 percent quarter-on-quarter.  They also revised the year-on-year fall to 0.5 percent from a previously reported 0.4 percent.  Stronger than expected exports limited the Eurozone’s contraction but was unable to keep the Swiss economy from a negative number of […]

Copyright Martin Armstrong All Rights Reserved August 19th, 2012 Debt is Destroying Everything. Where is Common Sense When We Need it the Most? By Martin Armstrong  This whole Sovereign Debt Crisis is starting to look like Nero playing the fiddle as Rome burns. We have to realize that Western society is at the breaking point […]

Maximinus I 235-238 AD Maximinus I (235-238AD) is said to have been the first soldier who rose through the ranks to become Emperor. He was also from Thrace in Greece and is said to have been a shepherd before joining the army. With Hindsight, many considered that he was really a barbarian whose parents merely […]

Part of the argument that is made to support a gold standard is that money should be tangible. That will never fly today for nobody knows what constitutes even the money supply. During the 1960s, if you bought a US savings bond, you could not go to the bank and borrow on it, This was […]