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 [...]
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
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 [...]
