Tariffs are NOT Reciprocal
How did the Trump Administration come up with these tariff rates? Why would a nation like Madagascar, for example, with a small economy, be hit with a 47% tariff? Reciprocal [...]
British Politics Melting Down
Seven members of the Labour shadow cabinet have resigned and one has been sacked. Resignations so far include the shadow health secretary, Scottish secretary, transport secretary, and education secretary. Jeremy Corbyn is so far out of touch that he and Hollande simply remain in a total state of denial.
Meanwhile, Scotland is showing its total ignorance of economics. They threaten to veto BREXIT, but quite frankly they should immediately swap to the euro and just separate from England. They may have stood tall against the Roman empire as they forced them to construct Hadrian’s Wall, but this time their hatred of England will lead to self-destruction.
The proper question to present to the people of Scotland who think the EU will somehow ensure their pensions, is do you want the euro or the pound? They will seal their own fate for the Scottish politicians revealed that they too have no expertise in this manner. It’s a shame. But the Scottish politicians are out to lunch on this one.
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Eric Adams Leaves the Democratic Party
New York City Mayor Eric Adams, the man who fought tooth and nail to maintain sanctuary city status for migrants, has abandoned the Democratic Party. The Democrats have become so [...]
Trump vs Putin
https://www.armstrongeconomics.com/wp-content/uploads/2025/04/Zelensky-Reniggs.mp4 QUESTION: I take it you agree with Putin that Zelensky is not legitimate and that Trump is wrong. Would you care to explain your position? WG ANSWER: I [...]
Market Talk – April 3, 2025
ASIA: The major Asian stock markets had a negative day today: • NIKKEI 225 decreased 989.94 points or -2.77% to 34,735.93 • Shanghai decreased 8.12 points or -0.24% to 3,342.01 [...]
