Malaysia filed criminal charges on Friday against 17 current and former directors at subsidiaries of Goldman Sachs Group Inc (GS.N) following an investigation into a multi-billion-dollar corruption scandal that led to the demise of state fund 1MDB. Those charged include Richard Gnodde, chief executive of Goldman Sachs International, Michael Evans, president of Alibaba Group Holding Ltd […]
COMMENT: Hi Martin, Being 100% in agreement with you about Climate Change I thought you might be interested in 2 newly released research projects one from Finland and one from Japan: The Finnish researchers conducted by Turku University, state in one among a series of papers, see: (https://arxiv.org/pdf/1907.00165.pdf) “During the last hundred years, the temperature […]
QUESTION: I do not believe you have ever commented on Eric Cline’s book 1177BC, the year civilization collapsed. Do you think this is likely what we face or is this different? WL ANSWER: There were about eight civilizations that all collapsed with the exception of Egypt post-1250 BC. It was caused by a major shift […]
QUESTION: Dear Mr. Armstrong, reading your blog daily I am wondering how much and what exactly has to change in the peoples’ minds apart from the global changes that will manifest through all that is in alignment according to cycles that you have presented to the world. You are one of the few people, but […]
QUESTION: I moved from calif. and bought a home in Nevada but I took a loan on the home instead of paying it off. My question should I pay off the house or invest the money. With what is coming I am confused on this issue. TM ANSWER: If you have a FIXED mortgage, […]
QUESTION: Dear Mr. Armstrong, First of all, I have to say that I admire your economic confidence model and I am grateful that you publish your blog posts publicly. Hopefully, I will make it to one of your conferences one day and get to know you. Probably most of your subscribers are a bit older […]
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QUESTION: Mr. Armstrong; You had once written that Christine Lagarde was only a lawyer and she was really put in the role of the IMF chief by Obama. What do you have to comment on this new Bulgarian selection? Do you know her? HU ANSWER: Kristalina Georgieva will probably take over the International Monetary Fund […]
QUESTION: I have the deepest and highest respect for your work and your sources.If it was not the CIA orchestrating the Ukraine events who could all the Billions Obama and Nuland spent there have been going to and being used for??Nuland stating USA behind regime change on camera. Chevron Oil sign indicative? UD ANSWER: The […]
https://www.armstrongeconomics.com/wp-content/uploads/2016/02/Summers-Economy-Not-Predictable.mp4 QUESTION: This whirligig talk of whether the Fed cuts rates by 25 or 50 basis points is carnival-level absurdity. Does the Fed have the “pretense of knowledge,” as F.A. Hayek, said, that they can regulate the economy like turning up or down the thermostat? I know you don’t agree with this, Martin, but then, […]
