Global Debt Reaches 326% of GDP
Total global debt has peaked to 326% of global GDP, adding an additional $12 trillion of debt in the last three quarters of 2024, according to the Institute of International [...]
Bavarian Banks Not Depositing Money at ECB
Bavarian banks have figured out that negative interest rates are insane. They must pay the ECB to hold their cash. They have decided it is better to store their cash and eliminate deposits at the ECB as reported by Spiegel Online. These people are just braindead. They think negative interest rates will somehow “stimulate” the economy. No, they fail to grasp that people and banks can now be induced to just hoard money and not spend it.
Latest Posts
America’s Military Presence in Europe to Decline
Around 20,000 American troops stationed in Europe are set to return home after new orders from the commander-in-chief. Trump plans to reduce the American military’s overall presence in Europe by [...]
Trump’s Federal Freeze – Shrinking the Public Sector
President Donald Trump implemented a widespread freeze on federal loans and grants, ordering all agencies this week to “temporarily pause all activities related to obligation or disbursement of all Federal [...]
Free Speech in Germany Only if You Agree With Government
https://www.armstrongeconomics.com/wp-content/uploads/2025/01/German-Free-Speech.mp4 Supreme Court Justice Oliver Wendell Holmes, Jr. made it clear what Free Speech was in Schenk v. U.S., 249 U.S. 47 (1919) (1919), ruling that a restriction is legitimate only [...]
