Fixed Exchange Rates Have Always Caused Major Financial Crises

Margaret Thatcher on the ERM Crisis & why even the euro will fail.

Latest Posts

Tariffs are NOT Reciprocal

April 4, 2025
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 [...]
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Eric Adams Leaves the Democratic Party

April 4, 2025
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 [...]
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Trump vs Putin

April 4, 2025
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 [...]
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Market Talk – April 3, 2025

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 [...]
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