QUESTION: Dear Mr. Armstrong, Thanks for the Socrates forecast. Just a question. What will possibly happen to existing Tropic Belt countries like my region South East Asia when the world is turning into global cooling? Any forecast? Regards, SS ANSWER: I am awaiting their data to run it through and see what comes out. This is […]
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There is a very interesting aspect of our model which will begin to come into play in 2020. The cycle is changing here in 2019 and we are entering a period of a new political trend into 2023. This not such a great thing for either party. What is clearly taking place is that […]
I have warned that the entire Student Loan Crisis has significantly altered the economy thanks to the Clintons courting the New York bankers making Student Loans the exception to bankruptcy. In Florida, like many other states, if you are in default on your student loans, the medical license to obtained is suspended. The Florida State Board […]
QUESTION: It seems the Left Wing Progressives in the US House (opponents of Pelosi) have adopted the Money Market Theory of Prof. Stephanie Kelton of U of MO.-Kansas City to justify unlimited deficit spending of the US Govt. OK as the Govt. can finance its deficits by unlimited currency printing. Would you please comment. Thanks and […]
Tickets are now on Sale for the World Economic Conference in Rome May 3-4, 2019, Friday-Saturday This year we are preparing for a profound change in the world economy come January 2020. We can all “feel” that something is just not right. The press has declared an all-out war on Trump to drive […]
QUESTION: Just curious. Did the Romans ever celebrate their founding of Rome like we celebrate the fourth of July? ZT ANSWER: Oh yes. We seem to have adopted whatever they did as traditions as well. For example, there are nuns in the Catholic Church who take vows of chastity and are in theory married to […]
QUESTION: Martin. Do you give credence to the work of … ? Can’t government pension funds be privatised or sent to open market? Thank you. NM ANSWER: No, I do not. The problem is far more complicated. First, you clearly have tremendous losses already. If you privatized the various government pension funds, you then have […]
Asia: Slightly subdued day in the Asia markets as the Nikkei was down -60bps but still well within the recently formed upwards channel, which started at the beginning of the month. On Sunday the BOJ meeting minutes were released, the minutes showed that the policy makers were disagreeing over the appropriate level of the […]
https://www.armstrongeconomics.com/wp-content/uploads/2019/01/money_hole_20800.mp4 QUESTION: Hello Sir, I am French and have been reading you for many years (I already read you while you published papers while you were very unfairly imprisoned). I signed up for Socrates on 6th January and must thank you warmly for opening my eyes to the real state of the global economy and its […]
