Let The Bail-Ins Begin

Portugal is starting to bail-in banks. The fascinating aspect that nobody seems to see is that this is a total failure of socialism. The U.S. Federal Reserve was formed in 1913, with the shareholders being the banks, to provide the … Continue reading →

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Give Me A Reason To Stay – Please!

September 9, 2024
https://www.armstrongeconomics.com/wp-content/uploads/2024/09/Springfield-Ohio.mp4   Springfield, Ohio, resident pleads with mayor that she “can’t take it anymore.” Please give me a reason to stay in this town after 45 years.
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How to Read the July Jobs Report

September 9, 2024
The Bureau of Labor and Statistics released its report for July, indicating a slight uptick in employment. It is difficult to trust BLS data after their latest data revision that [...]
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Telegram Forced to Surrender

September 9, 2024
French authorities arrested Telegram CEO Pavel Durov last month for permitting encrypted messaging on his app that could not be accessed by governments. France claimed that Durov was permitting illegal [...]
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