Just what we need – another economist with ZERO real work experience. The latest economist destined to destroy the world in the same manner as Karl Marx is Thomas Piketty and his new book Capital in the Twenty-First Century that is destined to perhaps kill more people than Marx ever did. Piketty is only focused on the […]

Putin is staring straight into the eyes of a dead Europe whose governments are being consumed with Marxism, corruption, and self-interest – the same thing that destroyed Russia – go figure. He has stated that the collapse of the Soviet Union was the greatest tragedy of the 20th century. Nonetheless, he is not entirely blind […]

The Cold War Part 2 with Russia, as always, demonstrates why we should banish lawyers from politics because they are incapable of understanding international capital flows that diminish their power. In studying law, I can tell you it is very black and white. You write a law to prevent a specific thing without any comprehension […]

QUESTION:  I compliment you on your recent blogs about inflation/deflation. The blogs were instructive, and you had no agenda other than providing your best understanding of the topic. That cannot be said for all of the heavyweight government spokespersons that make public (mis)statements about this most basic economic process. My comprehension from reading your blog […]

QUESTION: Mr. Armstrong; Christine Lagarde of the IMF has stated that the problem with Europe and Japan is that they have no appreciable inflation. She calls it “low-flation.”  You have stated that the U.S. and Germany are always fighting their last economic war so the U.S. inflates and Germany deflates. So is Lagarde correct this […]

Princeton Economics International Capital Flow Data Net Capital Flows Annual Expressed in $US Dollars 2006 2007 2008 2009 2010 2011 2012 Aruba $331,670,769.81 $276,743,114.59 $161,301,859.11 $216,458,806.70 -$428,744,280.39 -$242,806,848.70 $125,104,292.05 Andorra $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Afghanistan $0.00 $0.00 -$1,283,780,531.72 -$1,373,137,603.29 -$2,212,249,018.97 -$3,264,196,637.96 -$6,733,945,750.11 Angola $10,691,258,935.61 $10,588,425,486.00 $7,207,143,557.57 -$7,560,331,524.00 $7,506,888,161.63 $13,089,997,612.32 $13,851,978,521.84 Albania -$491,106,639.29 […]

COMMENT: The conference must have been exhausting; I know there is so much work and preparation that these events require. A lot to catch up on, but firstly, I saw this headline yesterday and thought I would forward it to you! If you ever needed assurance that China was following the model (which I know […]

  Economic sanctions against Russia are really stupid. It is like the scene from Blazing Saddles where he points a gun at himself and says if anyone moves, then black guy gets it. The US is really delusional for Russia’s annexation of Crimea has heightened concerns in Asia about the possibility of China using force to […]

  Russia conducted military exercises on borders with Latvia and Estonia. Putin believes that landmass is the nation’s greatness – not its economic ability. This is very old school and it seems to be everyone is trying to be the next Roman Empire. The problem is, Rome built roads, economies, and turned the lands it had […]

The US has been encircling Russia with nukes for sometime and they have been escalating the Ukrainian affair to the brink of war. NATO suspended all cooperation with Russia over Crimea and these people actually think they are accomplishing something. Russia has recalled its Ambassador to NATO and the West is just insane. Crimea was […]