QUESTION: Mr. Armstrong, we saved for years to pay for our children to have an education. But tuition has exploded in price making the average student now dependent on student loans. Why do politicians have no heart? They seem to be … →
The Australian Tax Office (ATO) has applied for access to everything to hunt for money. They want access to phone calls, emails, posts, and SMS text messages. We have verified this with several sources. Like Rome, Australia is cannibalizing its … →
QUESTION: Marty, What is the answer to affordable home ownership? Here in Australia the tax incentive called negative gearing introduced during Paul Keating’s reign – to make rents cheaper has not really made rents cheaper and has caused residential property … →
Yesterday, Saudi Arabia announced that 2015 would produce a budget deficit amounting to $135 billion (367 billion riyals). A royal decree, effective on Tuesday, will increase petrol prices by 50%. This will only bring gasoline to 33 cents (0.90 riyals) … →
Holiday volume and poor order flow was the name of the game today and can probably be expected for the rest of the run into New Year. In Asia, China’s Shanghai lost 2.5% whilst the Nikkei made a small gain … →
China is demonstrating that it is more practical than anyone else in the industrialized world. They have announced that they will “reasonably” set limits on new local government debt in 2016. Finance Minister Lou Jiwei said at a work conference … →
QUESTION: Hi Mr Armstrong, I’m still an avid reader of your blog. A question occurred to me when I read your article on vulture funds. Do you think that it is possible that a general failure of the economy is … →
Landlords are joining together to challenge the Conservative’s (i.e. Tory’s) tax hike by filing a suit in the high court against their tax increase on “buy-to-let” investment properties. One of the reasons I have stated that Maggie Thatcher herself would have … →
QUESTION: Mr. Armstrong, you have said that the Pi cycle shows up everywhere in finance. I have looked at the charts you posted in the Roman Empire. Has this had a major impact in modern times aside from your Economic … →
The UBER case in the Ninth Circuit (California) demonstrates that drivers’ are blinded by greed and cannot see that they are altering the entire basis of UBER. They risk putting the company out of business. Drivers who sued UBER contend they … →
