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 […]
There is an interesting book entitled The Chinese Exodus. This work explores the sociological and theological discussion going on concerning China’s internal migration since the marketization reform in 1978. While the book documents the social and political processes impacting the experiences of internal migrants from the countryside to the city within China, the attempt […]
COMMENT: Dear Mr. Armstrong, I’m reading your blog for 10 years, every single day, first thing in the morning. It changed me and my views on events in pretty much everything. I want to say a heartfelt THANK YOU for your titanic work, that you made available to people around the world, changing them for […]
It is interesting to watch how the press spins the fact that Trump has agreed to fund the government for three weeks. Our computer strangely was picking the week of February 11th the first week of January. I was wondering what possible event will surface for that target. Now we have it. How does the […]
https://www.armstrongeconomics.com/wp-content/uploads/2019/01/British-Press.mp4
The meandering of US markets failed to provide an excuse for Asia, but it found its footing anyway and can point to tech as the key driving force. There is still a lot of hype in China for domestic support and official direction helping sentiment and today that became more targeted. This enthusiasm in helping […]
