QUESTION: Mr. Armstrong; When you were here last giving lectures in Poland, you said that we should leave the EU, retain our currency, and focus on our ties to the United States and Asia. You said if we did that, Poland would be one of the most imp[ortant economies in Europe. Have you updated that […]
The rumor mill has been hot concerning Malaysia and Goldman Sachs for the past two years. As it was turning into a criminal investigation Lyod Blankfein coincidently decided to step down at age 63. That was announced last March when he said he would step down by the end of the year. Then in July, Blankfein […]
A mixed session in Asia with most players watching the oil price decline which tended to unnerve many markets. The Shanghai index climbed from early negative prices to manage a 1%+ close for the day. The talk remains centered on trade and the negotiations both are expected to have at the G20 later this month. […]
China has scored a real first and it may be an answer to the FAKE NEWS problem in the United States and Europe. A TV anchor has joined a Chinese news agency who is not human. China’s state-run Xinhua News Agency has launched an artificial intelligence (AI), anchor. “English AI Anchor” debuted Thursday at the World […]
QUESTION: Mr. Armstrong; Your take on the midterm elections is that the Democrats really failed and simply won a symbolic victory? Thank you IE ANSWER: Yes. The Democrats keep making lower highs and deeper lows. They do not review the major trend nor are they willing to revise their central theme. While the Democrats won the majority […]
Italy is arguing that it will retain its budget and refers to how both France and Germany exceeded their budgets and the Commission disregard the Maastricht treaty rules in the case of both countries. In the budget dispute, the Italian government was not deterred by the threat of penalties from the European Commission. Finance Minister […]
In Germany, the SPD is now pushing for a revolution in Europe for all member states to surrender their sovereignty to Brussels. They are arguing to federalize Europe and thereby create an integrated Europe of one government. It was the SPD that really won in the German 1918 Revolution. Under Weimar, the SPD was able […]
In Florida, the vote was very close. Ron DeSantis got nearly 40,000 more votes than socialist Andrew Gillum in the Florida governor’s race. Then Rick Scott over 15,000 more votes than Bill Nelson in the Senate race. Florida’s secretary of state ordered a recount Saturday afternoon for the elections for governor and U.S. Senate. Both races remain within the 0.5-percent […]
In France, things are not much better. Emmanuel Macron, the current president of the French Republic, has collapsed in popularity from 57% to just starting to break the 30% level. Macron has collapsed in popularity faster than Nicolas Sarkozy did, who was a one-term president. Macron said he wanted to turn France into the “Start-up nation” […]
QUESTION: Mr. Armstrong; I had always heard that Kennedy made a fortune on Scotch. My question is, where they booze runners during the Prohibition? Thank you GR ANSWER: No. But they actually used Roosevelt to secure that lucrative import trade of Scotch – my favorite drink. Joe Kennedy traveled to London in 1934 on the steam-driven ocean […]
