QUESTION: Martin, I have enough years in to retire from the state of Florida. Obviously, large cities can be bankrupt (Detroit, Chicago may be next). Florida’s pension plan is about 85% funded and in the top 10 states that have well funded pension plans. Do you think it is possible for an entire state to […]

In Switzerland, many issues go directly to the people to vote on. Unfortunately, not everything. The Swiss bureaucrats themselves destroyed the Swiss banking system by agreeing to draw the line at 2008 for any liability a bank might have to the US government for an account an American might have had. The value of Swiss […]

QUESTION: From reading your blog, my understanding of your view is that all relationships are in flux with respect to markets and market drivers, except for confidence.  For example, the stock/bond relationship can change over time, so stocks do not ultimately go up or down based on what bonds do but based on where confidence […]

QUESTION: Sir, I enjoy reading your writings and find them extremely thought-provoking and, ultimately, very common sense too. I have to say, though, I am not sure about your assertion that governments will tax and tax. I believe they are trying and will continue to do so, but take a look at the upheaval in […]

QUESTION: Mr. Armstrong; It is true that China will stop supporting the dollar and will become a net seller? The Goldbugs are claiming the dollar is dead buy gold. But they seem to use every reason to justify only buying and it rarely proves to be true. If there’s anyone who knows what is really […]

QUESTION: A number or people have asked where to get capital and currency flow data. ANSWER: The capital flows you can obtain from OECD. You have to take the Capital Account and Current Account. We get the raw data that is faster. The Capital Account reflects capital inflows typically for investment, stocks, bonds, real estate, […]

  JAKARTA QUESTION: Marty, Many thanks for your fantastic website and daily insights to how the world really works. You are very good at making the muddy waters of economics crystal clear. In the downturn after 2015 will Asia slow as much as the west? I live in Indonesia. Property prices in Jakarta have almost tripled […]

QUESTION: Mr. Armstrong, Thank you for all the information you provide on your blog. Looking at a chart you posted on the real estate cycle shows the peak in 2007 then a drop and a bit of a rebound into 2015, followed by a huge drop afterwards.  Am I correct in believing we will see real […]

QUESTION:  Marty, Are not negative rates THE trigger for leveraged investments in stocks etc. ?! I mean, if to start with they just go 300 – 400 bp negative (for the savers) this means real zero or already also negative rates for debtors. So, perfect for a leveraged boom into any markets, but of course most […]

  The Battle Between the Gold and Silver Standards of the 19th Century QUESTION:  Mr. Armstrong, You recently said in your Bitcoin article quoted below:  “This is why they have been waging war on gold”, can you please explain who they are and how one would wage war on gold? ANSWER: The war is not […]