All posts in "News"
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Economic Iliad & Odyssey

By admin / April 25, 2019

The term “iliad” in Greek mean a series of miseries or disastrous events and “Odyssey” meant a long wandering or voyage usually marked by many changes of fortune. Welcome to the Economic Iliad & Odyssey. What we are facing is truly extraordinary. There is absolutely NO economic theory from Adam Smith to Keynes that ever addressed negative […]

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Police Bust Down Doors with Guns Drawn to Take a Toddler Because of a Fever

By admin / April 25, 2019

In Arizona, a SWAT-style police team broke down the door of a house because a toddler was not vaccinated. The Arizona Department of Child Safety and the Chandler Police Department in Chandler, Arizona, have come under criticism after officers conducted an overnight raid on a family’s home and took the children in a violent confrontation […]

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The Student Suicide Rate Has Been Rising – the new Lost Generation

By admin / April 25, 2019

There have been studies on the riskiest jobs where stress causes higher rates of suicides. The medical profession seems to be at the top of the list, which now amounts to some 11 million people. However, there is also a growing list of students committing suicides over student loans, which is the number one debt […]

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PRIVATE BLOG: Domestic v International Perspective

By admin / April 24, 2019

PRIVATE BLOG: Domestic v International Perspective Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/

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German Car Sales Collapse

By admin / April 24, 2019

COMMENT: I am a senior exec here in the German auto industry. I attended your Berlin conference. I just want to say your ECM is remarkable. Our industry has seen a decline in auto sales since the middle of 2018 right on schedule. It looks like it will be a hard landing here. This Brexit […]

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Nagai of Nomura Confirms Japan Destroyed the Bond Market

By admin / April 24, 2019

In Japan, Nomura’s chief Koji Nagai took over as Nomura’s chief executive back in 2012 and followed that appointment with a $1bn cost-reduction plan that was criticized both externally and internally for failing to target the inefficient divisions of Nomura’s domestic operations in Japan. The latest program will see the company close more than 30 […]

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The Dawn of the Great Financial Unknown

By admin / April 24, 2019

QUESTION: Mr. Armstrong; I assume you read that Mr. Nagai  has confirmed what you have been saying that the central banks have destroyed the bond markets. I must confess, his comments have finally struck a vein in our senior management. I have been trying to explain your view to them but nobody wanted to think […]

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European Politics

By admin / April 23, 2019

QUESTION: Will you be covering BREXIT and the May elections since Nigel Farage will be speaking? What about your forecasts on civil unrest? It is really starting to surface here in Europe. Thank you MU ANSWER: Yes. Politics is critical because this is reflecting the shifts in confidence that will drive the markets. We are […]

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Are Two-Tier Monetary Systems a Possible Tool?

By admin / April 23, 2019

QUESTION: Mr. Armstrong; It seems few people even understand that there have been two-tier monetary systems. Do you think this can be a possible tool in the currency crisis you are forecasting for 2021? Thank you; Looking forward to Rome and meeting Mr, Farage as well PC ANSWER: Various countries used to mint trade dollars […]

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