We need to move one step forward in the social-political evolution process toward a world that functions in another and wiser manner, with even perhaps a more mystical concept of who we are. Our political leaders patronize us for our incompetence in staying focused on what they do; content to be ruled always to our […]

The Sovereign Debt Crisis began with Greece asking for help from the IMF to the day of pi from the peak in the ECM 2007.15. The EU then crushed Cyprus to see how they could get away with not paying people or honoring their debts. The Cyprus experiment was the start of the bail-in that is now […]

As you would expect ahead of July 4th weekend, volumes were a fraction of their norm – as if they were not poor enough! Asian equities were the early talk today and the possible investigation into the recent wild volatility of the Shanghai (SHCOMP) equity market – today closing down almost 6%. An interesting point of fact […]

Merkel is obsessed with the German hyperinflation (which leads to demands for austerity) and assumes that her personal promise that Greece will be made to pay back any bailout, shows that she places her personal career above the variability of Europe and her own nation. Her stubbornness concerning Greece is placing the entire world at […]

The Deutsche Wirtschafts Nachrichten is reporting that the head of the EU and Merkel are now openly calling for the overthrow of the Greek government. It is their way or no way. To defend a failed euro, they will not tolerate any democratic process that disagrees with their vision of a federalized Europe. This is World War […]

Sorry for being late – my bad. This is actually an important Independence Day for you. True, it was originally the Dominion Day on July 1, 1867 that was the enactment of the British North America Act in 1867 (today it is called the Constitution Act, 1867). That merged the three possessions of New Brunswick, Nova […]

QUESTION: Mr Armstrong; A friend works for a ….. Hedge Fund. He said you could put together a team to save Europe. Would you take up such a challenge? Thank you for telling it the way it is. OD ANSWER: In theory, yes, we could put together a team of people from the real world to […]

The IMF on Thursday issued its own analysis on the Greek economy. The new debt forecast numbers have been raised in recent months and while the IMF analysis is never on point (way too optimistic), this tends to make the new number even more shocking. The entire idea of lending more and more money and […]

Greece now threatens to appeal the abuse of the Troika by taking court action to block a Grexit, or really a Greek expulsion or takeover of Greece by the Troika. European leaders have sold their own peoples’ rights to the highest bidder in Brussels and warn in concert that a “No” vote on Sunday means that […]

It has already begun. The total mismanagement of Euroland and the utter failure to understand what the German hyperinflation was all about has led to the misconception that austerity is good and inflation is bad. Imposing austerity creates deflation. The Troika is completely wrong. The fallout from Cyprus was nothing. Now the Troika is punishing […]