The European Central Bank is so out of touch with the economy it is frieghtening. They see that they have a range of options to consider including negative interest rates. What they do not grasp is that people will not invest and start businesses simply because interest rates are too high. The people must see […]

COMMENT: Marty, You wrote can we trust elections anymore. Same happened last year during the national elections in Germany where the eurosceptical party AFD did not make the 5% hurdle – despite all immediate forecasts gave them much more. All statisticians I know told me such a drop seem to be almost impossible from a statistical point […]

Part of the war cycle is the shift in generations. We are seeing the younger generation rise up against the older in the context of civil unrest. This was the driving force in the Arab Spring. Even in Iran it was the youth rebelling against the strict religion. We are also seeing this same trend […]

The battle of class warfare has been raging for thousands of years. This is nothing new and it has tended to end is sheer disaster without exception. Basil II (b 958; 976–1025) really set the decline and fall of the Byzantine Empire in motion by engaging in such class-warfare to win popularity. Just as government desperately needs money […]

QUESTION: Mr. Armstrong; Are we watching the central banks trying to manipulate capital flows as they did in 1927 but reverse with European rates down and America up? I believe you are saying this is the case because Europe is in a major economic implosion. I am correct in this assessment? Thank you from Europe […]

QUESTION: Mr. Armstrong; You mentioned that government workers and their pensions will destroy our economies. You said this is how Rome also fell. It certainly seems to be on point here in Ontario. Is there any way to stop this trend? Thank you JS ANSWER: Nobody has succeeded in previously ever identifying the source of […]

  Greenspan says bubbles can’t be stopped without ‘crunch’ Stockman: C’mon Alan! Bubbles Are Caused By Central Bankers, Not “Human Nature David Stockman is clearly still a politician who blames central bankers to the point he is just way out of touch. Stockman fails to even understand the global capital flows and harps on 1987 […]

The Reserve Bank of New Zealand hiked its official cash rate by a quarter point to 3.5%. Outside of Europe that seems to be in an economic death spiral, interest rates are poised to rise. The ECB is happy with that for flooding Europe with more euros and keeping interest rates at zero of moving […]

The Swiss National Bank and the People’s Bank of China reached a currency swap agreement on Monday. While this is not a huge trend changer in the near-term, it demonstrates that our forecast for China to become the largest economy and to be the next financial capital of the world when Europe and the USA […]

The propaganda machine is in full force. Everything is used for political purposes regardless of the truth. Within mere days after the crash of a Malaysian Airlines flight over eastern Ukraine, US politicians and the government media joined together to spin the story that it was Russia who shot down the plane or their Russian supported […]