The German Elections Tomorrow
The German elections are tomorrow, and the polls are touting the failed government of Schultz as the winner. Germany will hold a snap national election on Sunday, February 23, after [...]
Canada’s Household Debt Exceeds Total GDP for First Time
For the first time in history, the total private debt of the Canadian public has exceeded the total national Gross Domestic Product (GDP) after reaching 100.7%. This is significantly higher than in the United States, which has been declining since 2008. Household debt in the United States is now under 80% of GDP. Clearly, Canada’s private household debt is counter-trend.
Germany’s household debt has been declining longer than in the United States, reflecting the problem the central bank has had in trying to compel people to borrow. If they do not TRUST the future, they will not take on debt at any price level.
Latest Posts
Interview: It’s Just Time for the Silent Majority to Awaken
Martin Armstrong returns for an interview on the foreign and domestic policies currently rolled out in the U.S. and on their implications for the international order. The Trump presidency is [...]
Obama’s Library – How the Democrats Run the Country
https://www.armstrongeconomics.com/wp-content/uploads/2025/02/Obama-Library.mp4
Market Talk – February 21, 2025
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 98.90 points or 0.26% to 38,776.94 • Shanghai increased 28.33 points or 0.85% to 3,379.11 [...]
