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 […]

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 […]

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 […]

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 […]

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 […]

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, […]

The world share markets remain volatile yet should begin to stabilize now showing tentative signs that the panic of Monday is starting to subside. The reported epicenter of Shanghai for the rout, however, has suffered another big sell-off. The mayhem in China’s equity markets showed no signs of abating on Tuesday, as the Shanghai Composite index […]

QUESTION: Mr. Armstrong, the pegs are breaking everywhere. It appears that what you have warned about is unfolding right on time. The emerging markets seem to have a choice. If they do not float they will end up with the same crisis as in 1997. China seems to react quickly to their numbers showing their […]

QUESTION: Martin, Can you explain more fully why you are expecting the market to rally post 2015.75 while at the same time the economy turns down? Is it merely capital flows domestically as the international economy worsens further, which will ultimately wash up on the shores of the US?  At that point should we expect […]

QUESTION: Mr. Armstrong, In your post today you mentioned Donald Trump would be the most qualified candidate to handle the sovereign debt crisis.  If I may ask, do you know Trump and do you think he would consider your solution for the coming crisis? Thanks for insight. JH ANSWER: No. I never advised Trump or […]