The Debt Ceiling Crisis has done far more damage than anyone suspects. It has drawn attention to the Sovereign Debt Crisis by highlighting the national debt and then the “Conservatives” are targeting the Republicans who voted to end the shutdown. While it may be admirable that someone is trying to address the debt crisis, shutting […]

Democrats’ stand over sequestration is of course just another step in trying to blame the Republicans. Their own polls tell them they are in the lead and that is what this is all about. Default and they think they will destroy the Republicans and take the full Congress next year. As long as the mainstream […]

QUESTION: Some analysts “expect that the u.s. treasury will keep interest rates low for many years. they quote japan`s so-called “lost decade” as a precendant and appear to expect that such artificial supression will in fact work ( obviously against what you consider “market forces”). which poses the question: does japan`s “lost decade” conform to the ECM […]

I reported that the object of the IRS is now to regulate accountants doing your taxes. The real idea is to expand the Draconian measures that any foreign bank that does not report what Americans are doing will be subject to have their assets confiscated in the USA. This has resulted in throwing out Americans […]

QUESTION: “You have said in your blog that stocks and real estate (tangibles) are the place to be but you also mention deflation. … Can we really have inflating asset prices and deflation at the same time — or are you saying the deflation comes down the road,after 2015.75 (when we will pray for hyperinflation)? ANSWER: We are […]

Merkel has the fight for her legacy on the line. The German Elections are very interesting with the majority of Germans being fed up with the monetary union. The topics are endless: AFD , alternative for Germany , poverty , bank accounts , banking crisis , banking collapse ,banks-Union , Federal Bank , Federal Ministry […]

QUESTION:  Dear Mr. Armstrong- You seem to hint that Bernanke didn’t want rates to go up especially when there is a ceiling impasse. Yet, he talked about taper/untaper and torchured the market for 3 months to prepare investors for a smooth QE-reduction. Most investors I know were expecting a small taper that could have still been interpreted as […]

Education in the United States and elsewhere has been designed by academics with no real practical work experience. I was in Australia, and Macquarie Bank had funded an education program at Macquarie University. I was given a tour since they were so proud. They took over a hotel and set up rooms to be dealing desks […]

Here come the DRONES: The Federal Aviation Administration now predicts that 30,000 drones will patrol U.S. skies domestically by 2020. New Jersey drivers are going to see them a lot sooner. These unmanned aerial vehicles will be hovering above the New Jersey Turnpike and Garden State Parkway by 2015. Naturally they say: think of the missing […]

QUESTION: Mr. Armstrong, In your latest post you stated “they will seize all pension funds and 401Ks to absorb the debt.” Should those with 401k’s be looking to pay the fees and cash out? Thank you, ANSWER: The behind-the-scene discussions on this issue are real. However, it does not appear that this seizure will emerge until 2016 […]