QUESTION: Dear Mr. Armstrong, Thank you for everything you do so well. My question to you is, “Do you agree that absolutely anything paid for using collected/extorted tax dollars is socialism?” Thanks in advance. Dave ANSWER: No. Building roads, schools, and infrastructure is not socialism. You cross that line when you engage in class warfare. […]
Acting SPD leader Thorsten Schäfer-Gümbel has drafted a concept for a wealth tax. He is proposing that this will bring the federal government €10 billion annually. He has argued that the rich have disproportionately benefited from the economic situation in recent years while the average person has struggled. He claims many even benefited from the […]
QUESTION: Marty, you have said this is the historic bond bubble of all times with interest rates at a 5,000 year low. Will you elaborate on the bond bubble at the WEC? It seems like this may be the granddaddy of all shorts. RK ANSWER: We have an Institutional Report on the Bond Bubble. We […]
QUESTION: You said before you were advising corporates to issue long-term bonds and lock in the low rates. Even the US Treasury seems to be following your advice and are looking at issuing 50 and 100-year bonds. Do you give governments the same advice? DK ANSWER: If asked, of course, I advise to issue long-term […]
QUESTION: Mr. Armstrong; you deny advising Trump. Yet you are the only person who had forecast that the US was holding up the rest of the world economy which he also now says. You also said Trump was making a mistake with China, and at the G7 he admitted he may have made a mistake. […]
QUESTION: Are you saying that the China trade is not that big of a deal to the US economy? It seems like the press makes it sound like this is the end of the world and we will go into a depression. HS ANSWER: The total amount of goods that China sells into the US […]
After 12 weeks of protests in Hong Kong, the likelihood of China sending in troops has escalated. Xinhua News Agency said Sunday in China recalling comments by former top leader Deng Xiaoping saying Beijing has to act under such circumstances. In Sunday’s commentary, Xinhua said Hong Kong’s protests have turned into a Color Revolution […]
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