France’s economic growth has averaged only 0.8 percent, half of Germany’s 1.6 percent, which ia about half the USA. Yet these people tell the USA its is not fair and the USA should raise taxes to 70% so their policies will not look so bad. The sad part – Obama agrees. France’s recovery has even […]

I should point out that this problem of always trying to reduce things to a single cause and effect is a serious error we make overall within society that has to stop. Legarde is correct the problem is LOW INFLATION but she cannot stimulate by merely increasing the money supply. The Fed has proven that […]

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 […]

HSBC is the bank that has been caught laundering money. It was accused of transferring billions of dollars for nations like Iran and also facilitated Mexican drug cartels in moving money illegally through its American subsidiaries. When a bank gets nailed like that and pays $1.92 billion in fines, the lawyers come in and run the […]

McDonald’s has announced it has closed its stores in Crimea, given that prominent Moscow politicians are calling for all the expulsion of U.S. fast food chain outlets from Russia. There is a call to close all 400 stores of McDonald’s in Russia. This is demonstrating that not merely is the Cold War back, we are looking […]

COMMENT: Mr. Armstrong; I was at that London Conference when you forecast that Russia would collapse in a matter of weeks based upon your model showing $100 billion inflow but $150 billion outflow. Whilst the heads of the major money center banks always assumed you were just too influential, for I worked in …. at […]

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 […]

  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 […]

Putin has now more openly beefed-up Syria after Crimea. The West cannot stop Russia and he knows that. Stopping the pipeline through Syria is economically vital to retain Russia’s hold on Europe and the US will start to send gas to Europe in 2015. Syria is all about energy to help Europe – it has […]

We have been getting also a lot of emails requesting an update on earthquakes. About 5 hours ago, an 8.2-magnitude earthquake struck off the coast of northern Chile late Tuesday, generating a tsunami and triggering small landslides. It’s not so much the magnitude-5.1 earthquake that hit California – centered in nearby La Habra with well over […]