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 [...]
Merz the Anti-Merkel Stands for Election to Replace Merkel in CDU
Friedrich Merz is the anti-Merkel who is standing for election in December to replace her as head of the CDU. Merz is also chairman of Blackrock there in Germany. He has been a German lawyer and politician of the center-right Christian Democratic Union (CDU). He served as a Member of the European Parliament 1989–1994, a member of the Bundestag 1994–2009, and as the chairman of CDU/CSU parliamentary group 2000–2002. In 2018 he announced his candidacy in the CDU leadership election in December 2018. Merz has described himself as socially conservative and economically liberal which means he is pro-business. He supports the European Union and NATO but sees the link to the United States as critical.
Meanwhile, Merz described himself as “upper middle class” yet he earns 1 million euros a year and has two private jets – not one. The rumor is Goldman Sachs is in its Crash & Burn mode for paying bribes and Blackrock will replace it as the most powerful financial institution in the world.
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 [...]
