Can the World Be Saved? Global Meltdown post July 20th Hedge Funds – Fed Social Threats of War & Designing A New World Financial System by Martin A. Armstrong copyright October 3rd 1998 Princeton Economic Institute There has been much turmoil in the past several weeks that has led to considerable outcry for everything from […]

Global Meltdown Do we need to be “rescued from Capitalism?” By Martin A. Armstrong © September 16th, 1998 Princeton Economic Institute There is little doubt that the global economy is experiencing at the very least a short-term meltdown. George Soros’ comments yesterday calling for more intervention and bailouts because emerging market investors need to be […]

Crash of 1998 Is it Over Or Just Beginning? By Martin A. Armstrong Copyright September 9th, 1998 Princeton Economic Institute There was a sigh of relief yesterday when the markets rebounded sharply. So many began to tout what stock should be bought right away that the Fed is thinking about lower interest rates instead of […]

Is this the Next Great Depression? Bond Defaults from 1931 By Martin A. Armstrong August 27, 1998 Copyright Princeton Economic Institute The collapse of Russia is having a profound impact upon the entire global financial markets from stocks, commodities and gold to currencies and bonds. Of all the great financial panics in history, this one […]

Intervention With a new twist By Martin A. Armstrong Copyright August 14, 1998 Princeton Economic Institute Friday’s price action in Hong Kong brought with it more than a mere short-cover rally of 9%. For perhaps the first time in history a government has directly intervened in a share market using the futures to do so. […]

The Current Crash of 1998 Is the worst so far this Century By Martin A. Armstrong Princeton Economic Institute © Copyright August 5th, 1998 There are many ways to measure the magnitude of a crash. Some might look at the overall points. This is not a valid statistic since the entire Crash of 1929 was […]

WARNING Global Meltdown? By Martin A. Armstrong © June 1st, 1998 Princeton Economic Institute Capital is currently fleeing from emerging markets on a wide scale basis. The immediate problems that are surfacing in Russia should come as no surprise. Russia has been unable to collect taxes; unable to make payroll for months; unable to control […]

Panic of 1901 Panic of 1903 Panic of 1907 Panic of 1914 Panic of 1919 Panic of 1929 Panic of 1931 Panic of 1960 Panic of 1971 Panic of 1980 Panic of 1987 Panic of 1989/1990 Panic of 1992/1993 Panic of 1994 Panic of 1997 Panic of 1998

Chapter 23: On Bounties on Production It may not be uninstructive to consider the effects of a bounty on the production of raw produce and other commodities, with a view to observe the application of the principles which I have been endeavouring to establish, with regard to the profits of stock, the division of the […]

Chapter 12: Land-Tax A land-tax, levied in proportion to the rent of land, and varying with every variation of rent, is in effect a tax on rent; and as such a tax will not apply to that land which yields no rent, nor to the produce of that capital which is employed on the land […]