QUESTION: Marty, just reported this past week America’s trade deficit hit a record $891 billion while, in the same week, unemployment report fell to 3.8%. Does this refute the conventional economic belief that trade deficits take away jobs and output? Cheers, TGM ANSWER: What is reported as trade is not simply trade. The numbers are […]
QUESTION: These economists who propose this MMT claim that since the U.S. borrows in its own currency, it can print dollars to cover its obligations, and can’t go broke. The theory has won converts among freshman Democrats like Alexandria Ocasio-Cortez as a way to finance such social policies as the Green New Deal and Medicare […]
CLARIFICATION: Just to clarify, is it not the EU, It is the Schengen Area only. You will have no problems having an event in Ireland … you should come over, the west coast of Ireland is a unique experience !! Keep up the good work, it is truly appreciated, thank you so much … Beannacht leat […]
A number of Americans have asked if they need a visa to visit Rome based upon the rumor that Europe will require visas. No, that begins in 2021. Americans will NO LONGER be able to visit Europe without a visa. This may be our last WEC in Europe. We believe the movement behind the curtain […]
QUESTION: You said Socrates has been back tested. What did it write technical the day of the high in 1929? PO ANSWER: It has learned from all the data globally. Here is the technical analysis it wrote for 9/3/1929 without human editing: The market scored a new major high on 09/03/1929 which is up 4 […]
QUESTION: Mr. Armstrong; Your movie the Forecaster was on TV here in Scandinavia. That introduced me to your research. When I discovered your film was on TV in Europe, Canada, and Asia, but not the United States, that merely confirmed the corruption in New York. Here in Finland healthcare is comprehensive and it is taking […]
The British had a long tradition of striking tokens for political purposes. There were political tokens against the American Revolution. Some pictured Thomas Paine being hanged for writing his Common Sense. There was Climate Change back then as well and it resulted in massive riots over shortages of food. The British also even issued a […]
We are progressing in uploading all the memory modules. Soon, we will have all modules plugged in. I had an interesting meeting with one institution. One CFO still questioned if there was any human involvement in the reports. He said that the writing was too good for just a machine and assumed someone had to […]
Hong Kong’s intervened to support the Hong Kong dollar for the first time since August 2018 after the exchange rate fell to the lower end of its trading band against the greenback. The Hong Kong Monetary Authority bought HK$1.507 billion ($192 million) of their own currency during London and New York trading hours on Saturday. The […]
COMMENT: Marty…: My respected Australian broker in Sydney, to my horror today, has, for the first time, just asked me to supply the USA Internal Revenue Service with my Tax File Number because of a new requirement in the W8-ben form, otherwise he advises me that I will run the risk that they may withhold 30 […]
