QUESTION: Mr. Armstrong; it certainly seems that the bureaucracy is really operating against the people. They have tried to assassinate heads of states before. Do you think they would try this in the USA again? WR ANSWER: The CIA was exposed back in 1975 for plotting to assassinate various world leaders. The November 20th, 1975 release […]
Believe it or not, Obama, who raised taxes dramatically, is claiming the recovery is because of him and not Trump. On September 7th, 2018 Obama at a speech at the University of Illinois sharply criticized Trump and then claimed ownership of the U.S. economic recovery.
https://www.armstrongeconomics.com/wp-content/uploads/2018/10/Audio-Men-Women.m4a
https://www.armstrongeconomics.com/wp-content/uploads/2018/10/Trump-protest.mp4 I myself encountered a woman who had protested against Trump in the big march in Washington after he was elected. I was curious to listen to her reasoning as to why she had traveled to Washington to protest against Trump. She said she did so because no man was going to tell her what […]
When you look closely at all the people who line their pockets with huge EU pensions for being a representative of Britain, it is stunning to see why they would argue to “remain” when all the evidence is against Britain if it remains inside the EU.
Another negative open today but fortunately was not to last! Although China’s GDP released lower than expected weekend book squaring and absolute levels helped revive values by the close, also helped by a little “authoritative” speech play . Growth came in at 6.5% YOY which was missed the 6.6% markets were looking for, but the […]
Michael Hastings was the journalist exposing the surveillance state. Hastings wrote about the investigation of reporters by the U.S. Department of Justice back in 2013. He said that the restrictions on the freedom of the press by the Obama administration were a “war” on journalism. He wrote his last story before he died in what may […]
QUESTION: Mr. Armstrong; You mentioned that the environment was the primary cause of the Greek Dark age between the Heroic and Hellenistic periods. Can you elaborate on that at all? Thank you. They do not seem to connect the dots as you say in school MG ANSWER: What is most interesting is the fact that they do not […]
The Sovereign Debt Crisis in China among the provisional governments is alive and well. The off-balance sheet government liabilities in the regions amounted to an estimated 40 trillion yuan which is almost $6 trillion. Some are calling this a “gigantic credit risk” which is a hidden liability. This represents 60% of GDP which bypasses the […]
A weak session for much of core Asia, with almost all markets falling from the opening. Sadly, it is China that leads the way adown again. Many are speculating that it is relation to the FED Minutes and their continued appetite to raise rates which pressures all currencies favouring the USD. The Shanghai index traded […]
