Italian leader Pier Luigi Bersani said Wednesday that only a mentally ill person would want Italy’s top job. This is starting to reflect the deep political problems rising throughout Europe. http://www.japantimes.co.jp/news/2013/03/29/world/italian-pm-job-only-for-mentally-ill/#.UVT20b8RbzI

George Warren (1874-1938) In 1932, George Warren had written, Wholesale Prices for 213 Years; 1720-1932. Effectively, this work was a forerunner to Monetary Theory by making observations that prices rose with the gold discoveries and declined when supplies of gold declined. This work was a simplistic monetary view of the world that Franklin Roosevelt could […]

The purpose of the Sovereign Debt Crisis Conference that was filmed for a movie is not to say gee where can I put my money for 10 years and not worry about it. That does not exist. We are facing the meltdown of society as government gets more controlling than ever in history. Switzerland was […]

[s_ticker_display] Welcome to Armstrong Economics where our mission is to provide a public service for the average person to comprehend the global economy and for professionals to access the most sophisticated international analysis available. We provide an integrated understandable global model approach that is free of personal bias, bravado, or other nonsense, enabling you to see the […]

Copyright March 24, 2013 All Rights Reserved The idea that all businesses can be ordered to obey all the laws to collect sales tax for 45 states is unconstitutional. There is NO power in Congress or any legislature to authorize a free-for-all to subject any business outside its jurisdiction to its own laws. This NOT […]

The economy also evolves like man. Aristotle complained that a market economy was changing the lifestyle of society for once farmers realized they could sell excess crops Athens began to change with bankers, shipping, insurance, etc. The railroad connecting the east and west coasts gave birth to mail order as Sears introduced a catalogue and […]

Sarkozy, former President of France, is now under investigation for ‘abuse of someone in an impaired state’ for receiving donations from L’Oreal heiress. This may be politically motivated for the current socialist/communist president, who should win the Olympic Gold Medal for being the fastest in modern history for taking a nation and indeed Europe downhill […]

Europe should politically start to turn to the hard right. This is in the cards as we see the political unrest start to rise and the prospect of war begins to rise in 2014. The socialists do not understand that their management if the economy has proven that they are as dangerous as the communists. […]

The Dow has most likely reached a temporary top but a close below 14307 is necessary to confirm that. The Cyprus event based upon sources directly there inform us that this seizure was a directive from Europe. It is most likely inspired by Merkel refusing to bail them out because of the Sept elections. Argentina […]

One of the most critical aspects of why it is so important to understand history is because it is both a catalogue of solutions as well as potential threats. At the Sovereign Debt Crisis Conference today we discussed FORCED LOANS. Both the cities of Venice and Florence issued laws FORCING citizens to buy their bonds. This […]