Government spending has consequences. The US national debt has surpassed $34.6 trillion at the time of this writing and continues to grow every minute. America has never been in a deeper deficit. The Committee for a Responsible Federal Budget (CRFB) has reported that America was forced to pay $514 billion in the first seven months […]
The press is starting to actually report that Biden is losing it. This is how they float a balloon to see if it will fly. The August Democratic Convention has been rumored for some time that they will DRAFT someone else to replace Biden. He swore he would never debate Trump. This […]
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 347.29 points or -0.89% to 38,490.17 Shanghai decreased 25.80 points or -0.83% to 3,065.40 Hang Seng decreased 19.15 points or -0.10% to 18,424.96 ASX 200 increased 31.90 points or 0.41% to 7,769.00 Kospi increased 27.40 points or 1.03% to 2,689.50 […]
We would like to thank our invaluable AE community for gathering together in London for the Economic Confidence Model seminar. I heard some say that the annual event has become akin to a reunion of friends. It is indeed a distinct congregation of concurring intellects seeking truth. If you missed the seminar, there is still […]
Federal Reserve Bank of Minneapolis President Neel Kashkari has advised against anticipating near-term rate cuts. While speaking to the Financial Times, the Fed president stated that people would simply prefer a recession to continued inflation. “I have learned that the American people—and maybe people in Europe equally—really hate high inflation. I mean, really viscerally hate […]
In 1920 the world watched as candidates Eugene and Debs fought for the title of President of the United States. Eugene Victor Debs of the Socialist Party was found guilty of violating the Sedition Act during the Great War and was sentenced to 10 year imprisonment. Debs was nominated as his party’s candidate in 1920 […]
The rigged judicial system has selected a jury for Hunter Biden’s federal gun trial who are truly a group of his peers. The 54-year-old First Son pleaded not guilty to lying about his crack cocaine abuse when purchasing a firearm. He later had his brother’s ex-wife and former affair partner discard that weapon in public […]
I have returned from a two-week tour of Europe covering the UK, Germany, and Italy. Europe is in dire straights. I have stayed on the Via Veneto since my parents took me back in 1964/65. It was the 5th Avenues of Rome. The street was lined with sidewalk cafes. Out of probably 30, only three […]
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 85.57 points or -0.22% to 38,837.46 Shanghai increased 12.71 points or 0.41% to 3,091.20 Hang Seng increased 41.07 points or 0.22% to 18,444.11 ASX 200 decreased 23.90 points or -0.31% to 7,737.10 Kospi decreased 20.42 points or -0.76% to 2,662.10 […]
https://www.armstrongeconomics.com/wp-content/uploads/2024/06/Stoltenberg-NATO-Aliance.mp4 COMMENT: Marty, please post this on the public blog and not the private. Everyone would know that all the major intelligence agencies read you because they all know Socrates has been incredible in its geopolitical forecasting that is unmatched anywhere. After you returned home across the pond, I believe the chatter is that […]
