In Australia, the polls said this would be a climate change election because the voters were confronted by a drought that they were blaming on human causes. Tony Abbott, the former prime minister, lost to an independent who campaigned on the issue. There were a few other new candidates who used climate change and also […]
On March 11, 2011, when an earthquake-triggered tsunami damaged the nuclear power plant in Fukushima, Japan, Chancellor Merkel and her cabinet held that nuclear power in Germany had to come to an end. It was a historic event and a historic decision (see Der Spiegel). The new green deal of Merkel quickly became bogged down […]
Alexandria Ocasio-Cortez (AOC) attacked corporate politics, influence, and greed. She echoed Warren Buffett who recently told shareholders that if a bank needs a government bail-out, the responsible CEO and his or her spouse should lose their net worth. Interesting comment on Buffett’s part when he lent $5 billion to Goldman Sachs to prevent their bankruptcy […]
The environmentalists have really gutted Alberta which was an economy based upon commodities. With that industry under assault, the economy has been decline. According to the quarterly report released April 1st 2019, Calgary’s downtown vacancy rate is currently at 26.5%, the highest in Canada. Although it decreased slightly from its peak at 27.8% in the […]
QUESTION: Good Sir, When you say the ‘rich get rich by investments, not wages’ you fail to identify the following wealthy class. CEO’s of corporations, ‘Hollywood’ movie stars, Sports athletes, Recording artists, etc. Regards and continued success, An avid follower LB ANSWER: There are always exceptions, but those who receive big bonuses or high […]
QUESTION: Martin, You said that China will become the financial capital of the world by 2032. Why do you think that what Trump is doing to China with tariffs and the trade war will not be able to stop China becoming the financial capital of the world? RM ANSWER: Trump’s tariffs are not intended to […]
QUESTION: Martin, Good morning. I would first like to thank you again for the Socrates service. It has provided me with a lot more confidence in my decisions as a trader and the warnings about the week of 5/6 that were being generated in the arrays many different assets saved me a lot of money. […]
QUESTION: Martin, Will Canadian equities due to Canada’s economy being integrated with the USA participate in the coming worldwide shift from public to private assets? Thanks R ANSWER: Yes. The details on Canada have been provided in the 2019 report.
QUESTION: Good day Mr. Armstrong, I have been a student of yours since 2001 and am always amazed at your work. I am not one that can afford to go to your seminars, but would love to know all that you discuss there. Could you write a book about what all is discussed there? My […]
QUESTION: Marty, You keep stating that the center of Finance will move to China. However, the world distrusts China, rightly so. How can they become the Financial Center if no one trusts them? RLK ANSWER: That will come only after 2032. Keep in mind, the West will be tested and the failed system of continually […]
