The US Congressional Budget Office is warning that the federal deficit has hit a point of no return. It is far too late to cut wasteful government spending. Politicians have kicked the can down the road for far too long and left us with a financial system held up through perpetual borrowing that cannot be […]
The US Department of Health and Human Services (HHS) announced plans to cut its workforce by a quarter, eliminating 10,000 positions. Robert F. Kennedy Jr. has vowed to gut the entire agency in his effort to Make America Healthy Again, vowing that eliminating excess bureaucracy will allow the agency “to do more with less.” The […]
Two men were pulled over while driving on I-20 in Texas, carrying $250,000 worth of gold bars. US law permits and encourages law enforcement to confiscate assets. Civil asset forfeiture enables the government to simply seize assets and declare that the owner is guilty of money laundering before any due process occurs. “We have to […]
For centuries, the main reason no government has ever survived its own greed for money and power is that whoever is in power at present constantly assumes that this time it is different—they are in charge. Communities rise from humble beginnings and expand into formal governments that seek to become nation-states, often absorbing the communities […]
https://www.armstrongeconomics.com/wp-content/uploads/2025/03/Luna-on-JFK.mp4 QUESTION: We all know that you are friends with Anna Paulina Luna and that you endorsed her. That suggests she must be the real deal since I do not recall you endorsing anyone, even Trump. So what’s up? She dropped a bombshell on FOX that NBC has a tape proving Oswald could not […]
https://www.armstrongeconomics.com/wp-content/uploads/2017/10/TIR-London-1987.mp4
QUESTION: Mr. Armstrong, I have followed Socrates for over a year now. I was told by friends you run the most unbiased site in the industry. I greatly appreciate how objective it really has been. What I am dumbfounded by is how, with the tension now with Iran and Trump’s ultimatum to Iran, even […]
PRIVATE BLOG – Trump’s Sovereign Wealth Fund 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/
President Donald Trump sent a letter to Iran’s Supreme Leader Ali Khamenei, seeking a new deal with Tehran to restrain its rapidly advancing nuclear program and replace the agreement that Trump withdrew America from during his first term in office. The letter essentially gave the choice to negotiate or he would take military action. The […]
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 679.64 points or -1.80% to 37,120.33 • Shanghai decreased 22.44 points or -0.67% to 3,351.31 • Hang Seng decreased 152.20 points or -0.65% to 23,426.60 • ASX 200 increased 13.00 points or 0.16% to 7,982.00 • SENSEX decreased 191.51 points […]
