American households have been unable to pay off their debts. The Federal Reserve Bank of New York recently reported that household debt has reached a new all-time high at $18.04 TRILLION. Americans acquired an additional $93 billion in outstanding payments during Q4 of 2024, with half of this debt finding its way onto high […]
Tariffs are on, tariffs are off, tariffs are delayed—the confusion surrounding world trade has Americans on edge. The University of Michigan’s sentiment survey for March shows a massive plunge in consumer confidence “across all groups by age, education, income, wealth, political affiliations, and geographic regions.” Consumer sentiment dipped 11% for the month to 57,9, marking […]
COMMENT: Martin, I just had to commend you on your capital flow models. Anyone who does not acknowledge that is a fraud and not trustworthy. As your clip showed from 1991, everyone knew you invented that analysis. While others claim that capital is fleeing from the United States to Europe, they are fake news and […]
QUESTION: NASA believes that this next solar maximum will be less than the last. Do you agree with that, or should I ask Socrates to agree with that? My second question is the coming asteroid. They say it will hit the earth in 2032. Is that part of Socrates’ forecast? Fred ANSWER: Well, as for […]
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https://www.armstrongeconomics.com/wp-content/uploads/2025/03/CNBC-1991-R-5.mp4
COMMENT: You say you do not advise Trump. But whatever you seem to project, he does. Others seem to be copying your forecasts, even debt ad ___ suddenly says the default comes when you can’t sell the debt. Interestingly, they do not have the historical examples or the database that you do. So, how does […]
PRIVATE BLOG – War in Europe is Inevitable & Firms Ordered to Bring Assets Home from USA Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/
ASIA: The major Asian stock markets had a green day today: • NIKKEI 225 increased 263.08 points or 0.72% to 37,053.10 • Shanghai increased 60.84 points or 1.81% to 3,419.57 • Hang Seng increased 497.33 points or 2.12% to 23,959.98 • ASX 200 increased 40.60 points or 0.52% to 7,789.70 • SENSEX closed • Nifty50 […]
