Showing 599 Results for pension crisis
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Showing 599 Results for pension crisis
Search instead for pension crisis
November 24, 2015
The European economic crisis just keeps getting worse. The European Commission is now planning to pool all money for bank bailouts among nations. That means the funds set aside in Germany to weather German bank failures can be used in France. Meanwhile, the EU is preparing to relax the stability policy (austerity) because of refugees and terror. This emergency […]
November 21, 2015
The IMF and many economists (domestic and foreign) are now warning that a rate hike by the U.S. Federal Reserve, no matter when, will spark a major economic crisis in the emerging markets. They see this crisis being ripe for countries with high budget deficits, such as Turkey, as well as commodity-based economies. This includes […]
October 24, 2015
QUESTION: Mr. Armstrong; What do you think of the Biblical forgiveness of debt which this time was due with the turn of your model? ANSWER: Debt cancellation or forgiveness actually was a tradition that began under Sumerian rule in Mesopotamia. The Jewish tradition appears to have been adopted from the Sumerian. Do not forget that Abraham came from […]
September 28, 2015
In Barcelona, many people asked if I thought the pro-independence parties in Spain’s Catalonia region would actually win. I told them it was inevitable as this is the global trend in motion. The vote for Catalonia is in and the separatists have won an absolute majority in regional elections. The separatist alliance and a smaller party […]
September 28, 2015
QUESTION: Sir, Let’s assume a minute that all countries around the World (all Central Banks together) sit with you and say: Mr Martin, fine, you are absolutely right in your forecasts and now we are listening to you. What should we do to solve all our problems like debts, socialism, trades, etc and have a […]
September 20, 2015
Yellen has inherited a complete nightmare. Thursday’s decision to delay the long-awaited liftoff from a zero interest rate illustrates that the world economy is totally screwed. There is a lot of speculation about why the Fed seems so reluctant to “normalize monetary policy”. There are, of course, the typical domestic issues of low inflation and weak wage gains […]
September 18, 2015
In the Middle East, the banks are trying to convince the Gulf States to begin issuing debt even if there is no need to borrow, simply so they have a market to trade. Governments should never listen to bankers for this always becomes a conflict of interest with respect to national debts. The sooner government wakes up […]
September 17, 2015
The Federal Reserve yielded to international pressure, making the very same mistake that it made during 1927. Back then, there was a secret meeting and the Fed agreed to lower U.S. rates to try to help Europe to deflect capital inflows back to Europe. The exact opposite unfolded in the aftermath when even more money abandoned Europe […]
August 31, 2015
Over the weekend, The Financial Times reported that Beijing would abandon its large-scale share purchases. This story sparked declines in China’s A-listed shares, although the Shanghai Composite pared losses to close 0.8 percent down. Then there is Jackson Hole and how amazingly stupid people are who do not understand what the Fed has been saying […]
August 31, 2015
While we need some form of rule of law and independent body to appeal to for complaints, there is no question that government is by far the evilest invention ever created by humankind. When you actually look at how government begins, it allows us to see that the heart of the problem is always greed and power. Today, […]