Another oil deal has been initiated without the use of the dollar. The India Ministry of External Affairs (MEA) announced that their latest trade deal with Malaysia would be settled in Indian rupees. “This initiative by the Reserve Bank of India (RBI) is aimed at facilitating the growth of global trade and to support the […]

ASIA:   India’s unemployment rate rose to a 16-month high in December as job creation in the slowing economy failed to keep pace with the growing workforce. The overall unemployment rate increased to 8.3 percent, up from 8 percent in November, according to data from the Centre for Monitoring Indian Economy Pvt. Ltd. That’s the […]

ASIA:   Chinese Premier Li Qiang said on Thursday that he was committed to opening up and reforming the world’s second-largest economy, seeking to win over foreign investors even as trade and geopolitical tensions with the West loom large. Li, who spoke alongside the prime ministers of Malaysia, Singapore and Spain, earlier this week told a […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 365.53 points or 1.33 % to 27,883.78 Shanghai decreased 5.32 points or -0.16% to 3,240.06 Hang Seng increased 407.75 points or 2.06% to 20,192.40 ASX 200 increased 16.20 points or 0.23% to 7,050.30 Kospi increased 8.98 points or 0.37% to […]

QUESTION: Hello Martin, Been reading your writings with keen interest for over 15 years now since while you were incarcerated. My question is: The way you paint a picture of the past economies going back hundreds and thousands of years through the discovery of coinage hoards is brilliant. How will a future “Martin Armstrong” from say […]

  We have been getting readings in France keeping us up to date in this huge Pension Protest and many see this as rising tension toward Revolution. While politicians dump money into Ukraine with no accountability whatsoever, they turn on their own cities and tighten the economic screws. There is no question that Socrates has […]

ASIA:   The US and Japan have agreed to not impose export duties on critical minerals needed for electric vehicle batteries. The agreement is aimed at reinforcing supply chains and reducing dependence on China, which currently dominates the sector. The US law requires 40% of critical minerals in eligible EV batteries to be extracted from […]

ASIA:   Local governments in China are facing a debt crisis, with direct debt exceeding 120% of revenue, which is more than what Beijing has unofficially said is an acceptable debt level. The country’s explicit local government debt nearly doubled over five years to the equivalent of $5.14 trillion last year, and there are rapidly […]

China accomplished a once unthinkable feat — a peace treaty between Iran and Saudi Arabia. The two countries have been sworn enemies since the beginning of time, representing conflicting Shiite and Sunni Muslim groups that have been battling since their religion was founded. The two nations have been fighting a proxy war in Yemen that […]

COMMENT: Marty, I began following you in 1985. That is when everyone was using the Kondratieff Wave and admitted it averaged 45 to 60 years. They were all predicting another Great Depression. You were the only one right back then as well. I remember your advertisement in the Economist saying a new Private Wave was […]