QUESTION: Hello Mr Armstrong I have not forgotten when I saw the reportage about you on TV when you announced that in October 2015 will start the big economic collapse. do you think that that date was bit early or really there is some thing happened? Thank you very much Mr Martin. I’m one of your fans. […]

QUESTION: Mr. Armstrong; I am the person who did not believe you when you came to Barcelona and said that there would be a separatist movement. The polls at that time showed only a 15% support. I still read and followed you I suppose to see if you would be wrong. I must say, your […]

According to Eurostat, at the end of 2016 there were almost 1.2 million migrants waiting for a decision on their asylum applications. Already, about 880,000 people were granted asylum with only 66,000 being returned to their home country. Then there were 110,000 people whose whereabouts are just unknown. This means that by the end of 2016, some […]

It was a mixed day for Asia even after we heard late news from the US on the proposed tax reforms. Having seen the Hang Seng and Shanghai markets closing better when others were weaker today we saw the opposite reaction. With declines for the HSI of -0.8% and just -0.1% for the Shanghai we […]

Spain has continued to show the world that fascism is alive and well. Madrid is sending in the troops to shut down the planned Independence Day vote in Catalonia. Madrid, according to Reuters, is taking steps to prevent the vote at all costs. They have ordered their regional police force to take control of all polling […]

QUESTION: Martin, There are several news stories this past week reporting that Norway’s pension fund has reached $1 trillion dollars, or $190,000 per citizen. Are there some countries like Norway that will survive the coming pension crisis?   Thank You,   Alex   ANSWER: Not many. They are far and few between because Europe, Asia, […]

Politicians have been confronted with the real cost of their support for global warming. France has suddenly come out in support of diesel because of the jobs that could be lost. The diesel crisis may have started in Germany, but there are more diesel car owners in Europe as a whole. Suddenly, when confronted with […]

We need to open the door to the future but that is only possible by understanding the past. Paul Volcker back in 1979 in his Rediscovery of the Business Cycle said: “Not much more than a decade ago, in what now seems a more innocent age, the ‘New Economics’ had become orthodoxy. Its basic tenet, repeated […]

Once again Merkel fails to win the popular vote in Germany. Angela Merkel’s Christian Democratic Union lost 9% compared to the last elections. Nevertheless, her party has remained as the largest party in Germany’s parliament. Merkel’s CDU won 32.5% of the popular vote far less than any president in the United States history. That was a […]

According to a the latest spin, the German federal government’s withdrawal from the Commerzbank has left the favored shotgun wedding merger. Commerzbank is the Frankfurt money house which will be merged with the French BNP Paribas. This is being presented as if it were a strong German-French merger which is suggesting that there is a deeper European banking […]