QUESTION: You said that Imperial Rome did not have a national debt nor central banks. Did Rome ever have debts that were not private? JY ANSWER: Yes. In all honesty, it was the Debt Crisis that ended the Roman Republic. There was a Sovereign Debt Crisis during the Roman Republic period resulted in a […]
As many as 670,000 people protested in London to call for a second Brexit referendum. Our computer is showing that a second referendum will vote to remain but this is most likely because they will rig the vote. This is in conflict with our economic model which shows that BREXIT should still win. Keep in […]
I have previously written how the academics have REFUSED to revise history even when the evidence has been right in their face. I have previously written that the date for the eruption of Vesuvius could not possibly historically correct based upon a single coin that was discovered in the dig. My position based upon a […]
QUESTION: Mr. Armstrong; Your Global Market Watch picked the high in the S&P as September and called for a waterfall on the monthly level. That was amazing. Yet, with the stock market crash, gold could not even rally above the previous week’s high. If the bonds look like death warmed over, equities crash, then surely gold […]
As you would have anticipated, the decline in Asia was as brutal as expected. Not everyday you see an 800+ fall in the DOW and so Asia followed through with its interpretation. All core opened lower and it went worse from there. Shanghai was the standout closing 5.22% down on the day. Talk that the […]
QUESTION: Hello Mr Armstrong, I read your blog since many years (i live in France) and i’m really impressed by Socrates … You have said that the $ will going to rise against the € and it’s exactly what’s happened !! You have said that the Dow Jones will rise into 26 000 points and will […]
There has never been any president who has been so attacked and hated by the media in the history of the nation. Now the New York Times has done a piece claiming that Trump was handed over $400 million from his parents and he is neither a self-made man nor did his parents pay taxes on handing […]
QUESTION: Why do academics refuse to revise history when they are clearly wrong? This seems to be the same issue with their research on Global Warming. YK ANSWER: They seem to dig their heels in and just refuse to admit they are ever wrong. They did that with Homer claiming it was a book written […]
QUESTION: Hello Martin I wish all the best for you. The work you make every day to rise up our understanding about the world is amazing and make me feel a huge respect. it is very inspiring. I’m a small customer of your private blog. I don’t know if you answer that kind of request. I want […]
QUESTION: Mr. Armstrong; You do not give much credence to the world returning to a gold standard. Didn’t the entire world use the gold standard before? Thank you for your input JK ANSWER: The entire world has NEVER been on the gold standard simultaneously. Asia was on a silver standard while the West was on […]
