All posts in "News"

Germany Sending Refugees Back to Austria

January 19, 2016

Without warning, Germany has sent back the latest group of refugees to Austria. The Austrians are at a loss for what to do. A spokesman for the province of Upper Austria said, “From Germany it would be only fair that they … →

France in State of Economic Emergency

January 19, 2016

President Francois Hollande has publicly stated that the French economy is now in a state of “economic emergency.” He set out a €2bn job creation scheme in a desperate attempt to lift France out of an economic death spiral created by … →

Market Talk — January 18, 2016

January 19, 2016

The opening in Asia was the main discussion point for most dealers today. Oil hitting its lowest price ($27.65) since 2003, the Nikkei trading down 2% in the first 30 minutes of trading, and the Chinese raising the off-shore yuan … →

Germany Wants to Impose EU-Wide Tax to Pay for Refugees

January 18, 2016

German Finance Minister, Wolfgang Schaeuble, has called for a new EU-wide tax on petrol to pay for the refugee crisis that Germany has created. This is a EU-WIDE continental tax, not one limited to Germany. So now all Europeans must … →

Why The Theory of Money Does Not Work

January 18, 2016

QUESTION:  We see that the United States can borrow all it needs at minimal cost and we also see that we’re getting a big boost from falling energy/commodity prices, to levels we have not seen in some 15 years my … →

Leverage vs. The Black Hole in Economics

January 18, 2016

QUESTION: Dear Marty, Please correct and expand my understanding of a Sovereign Debt Crisis as it pertains to leveraged accounts.  If global economies are leveraged because of too much debt with no plans to pay, then what are the pros … →

Goldman Sachs Fined $5 Billion but is Still Above the Law

January 17, 2016

Goldman Sachs is finally paying a price (money) for the role it played in the 2007 mortgage scandal, but of course, nobody is going to jail, which proves that Goldman remains above the law. The Wall Street firm agreed to only a civil settlement of … →

Constitutional Judge Warns Merkel is Violating the Constitution

January 17, 2016

German Federal Constitutional Judge, Udo di Fabio, says the German federal government is constitutionally obligated to take control of border security when European institutions are impaired. Judge Fabio correctly stated: “The Basic Law does not guarantee the protection of all … →

Can Mathematicians Forecast Markets?

January 17, 2016

QUESTION: Greetings Mr Armstrong and thank you for your excellent blog! I have recently started reading Benoit Mandelbrot’s The Misbehaviour of Markets in which he states that stock prices probably isn’t predictable in any useful sense of the term (p. … →

Let The Bail-Ins Begin

January 16, 2016

Portugal is starting to bail-in banks. The fascinating aspect that nobody seems to see is that this is a total failure of socialism. The U.S. Federal Reserve was formed in 1913, with the shareholders being the banks, to provide the … →

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