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 [...]
Greece Going After People Who Rent Their House Out for Taxes
The Greek tax authorities are really destroying any semblance of a free society all to satisfy the EU. Tax agents have been pretending to rent houses for a vacation and then monitoring if the people pay taxes. The government is pro-actively sending out people to do business and they are looking to see what you do. God help you if you do not report finding €10 in the parking lot. The Greek people have gotten NOTHING out of the Euro. Had they stayed out of the Euro, tourism would be up for it would be the cheap place to go, although it has finally risen 8% in 2017 as the cold weather in the north has sent Europeans fleeing to the sun. As tourism hit a record high, the tax man wants their action.
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 [...]
