Costa Rica Declares State of Emergency
President Rodrigo Chaves of Costa Rica has declared a state of emergency, but not due to anything happening in his nation per say. People across the globe are passing through [...]
United Arab Emirates to Introduce 5% VAT Thanks to IMF
The impact of the collapse in oil is having dramatic effects on taxation in the Middle East and suddenly on the issue of government debt. The UAE will implement a 5% value added tax (VAT) beginning January 1, 2018. UAE Minister of State for Financial Affairs Obaid Humaid Al Tayer made the announcement after listening to Christine Lagarde speak at the IMF conference. In fact, he made the announcement at a joint press conference on Wednesday with Lagarde. However, our sources within government have relayed that income taxes are likely perhaps within 2 years as well.
It appears that Lagarde is bringing French socialism to the world since it was the French who dreamed up communism and sold that idea to Karl Marx. What is ours is always theirs and never will they consider reform.
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Canada to be Short 3.45 Million Homes by 2030
The demand for housing in Canada drastically outweighs the supply. The Canada Mortgage and Housing Corporation (CMHC) has confirmed that fewer new builds are expected for 2024. In fact, the [...]
California Raises Minimum Wage for Fast Food Workers to $20 per Hour
Effective April 1, fast food workers in California will receive a minimum wage of $20 thanks to a new law signed by Governor Gavin Newsom. This law does not extend [...]
Putin Interview 2020 Prewar
https://www.armstrongeconomics.com/wp-content/uploads/2023/09/Putin-2020-Interview.mp4 Zelensky insisted, thanks to Victoria Nulan, that the Minsk Agreement had to be terminated to Justify his conquest of Russia. This is why I warned Zelensky was the [...]
