Germany Lets Economy Plunge to Meet Climate Change Goals
Germany is on track to meet its climate change initiatives at the expense of its economy. To look at the overall health of the European Union, we may look directly [...]
Sovereign Debt Crisis is Percolating – Greece Asks for Debt Relief
Greek Prime Minister Alexis has come out today and bluntly warned that failure to agree on a debt restructuring for Greece would push it into a perpetual spiral of borrowing from Europe. But it is actually much worse. Greece is being persecuted because its old debt was converted to euros and that made the debt increase. These politicians are simply brain-dead and cannot comprehend currency.
The Sovereign Debt Crisis is indeed percolating. We are headed into a dark abyss for politicians cannot understand that there is no reason to borrow if you have no intention to every pay off the debt. We inevitably reach this conclusion that sovereign debt is the worst of all because there is no possible plan to ever pay it off. In the end, it is always just written off in debt relief. This is what caused the massive Great Depression as sovereign debt defaulted wiping out savings. That money was just gone! Welcome to the dark world of DEFLATION.
Latest Posts
MKUltra Documents Declassified
Psychological warfare is far more powerful than bullets. The government has been studying methods of brainwashing for decades. Perhaps the most infamous studies fall under the MKUltra program that the [...]
Congestion Tax in Place in NYC – A Reason to Celebrate?
View this post on Instagram A post shared by MTA (@mta) Foreign concept but there are people who enjoy big government and welcome additional taxation. The Metropolitan Transportation Authority (MTA) [...]
The Libs of Canada Did Not Get the Message
https://www.armstrongeconomics.com/wp-content/uploads/2025/01/Canada-Joke.mp4 This piece of Rhetoric demonstrates that the politicians of Canada may have forced Trudeau to resign as the head of the Party; this is correct insofar as Canadians [...]
