Europe Has Money for War – Nothing Else
March 7, 2025https://www.armstrongeconomics.com/wp-content/uploads/2025/03/UK-War-Billions.mp4
https://www.armstrongeconomics.com/wp-content/uploads/2025/03/UK-War-Billions.mp4
California has the largest deficit in the nation under FAILED Governor Gavin Newsom. California Legislature’s budget set the figure at $46.8 billion, while the Legislative Analyst’s Office (LAO) believes the deficit is an astounding $68 billion. State revenue is on the decline. Businesses and citizens alike have fled Newsom’s oppressive taxes. The government continues to […]
Viktor Orban is comfortable being the most hated person in the room if it means standing up for the nation he vowed to lead. Hungary has repeatedly called for a ceasefire, claiming that additional funding is NOT what Ukraine needs. Brussels is attempting to strong-arm Orban into agreeing to the next multi-billion euro package. “Right […]
I don’t think Starmer understands. This is not marching into battle like in colonial days. Things have changed. The EU may be counting on fighting until the last Ukrainian, Romanian, and Polish, and then they can walk in and take Russia, but this is not shaping up as Europe thinks. Even North Korea has gained […]
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COMMENT: Good morning Marty, As a financial advisor, I have already spoken to two elderly widow clients this week who are petrified that Trump will take away their SS they are counting on and they wanted to know if they can still support themselves if he does. I could not walk them away from the […]
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Geopolitics surrounding Ukraine and NATO’s push for war are set to disrupt the fiscal consolidation efforts in Europe. At the same time, growth challenges call for much more significant investment than existing fiscal rules prescribe. That is a time bomb under the entire European project. Key risks are defense and concerns over competition. These will […]
BlackRock, the largest fund management firm in the world, has plans to acquire to key ports at each end of the Panama Canal in addition to 43 ports in 23 countries. Trump touted this proposal as a win for America as BlackRock is an American company. However, BlackRock is a know World Economic Forum partner […]