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Javier Milei’s First Day in Office – Reduce the Size of Government

December 13, 2023

Argentina’s new President, Javier Milei, is making headlines around the world for vowing to radically change Argentina’s failing political system. Milei campaigned on implementing a “chainsaw plan” that would swiftly cut useless bureaus that drain government resources with no or minimal benefit to the public. Milei stuck to his campaign promises and slashed the number […]

Useless Bureaucracy Example – Golden Gate Bridge Nets

December 13, 2023

Government mismanagement comes at a high cost. We saw Argentina’s new president slash half of the useless federal administrations this week on his first day in office.  Governments are incompetent to run even a gumball machine. These agencies come into the fold, create useless regulations, dish out contracts to their connections, and nothing gets done. […]

IMF Gives Ukraine $900 Million – International Donor Fatigue

December 13, 2023

The International Monetary Fund’s (IMF) executive board has approved a $900 million disbursement for Ukraine from its $15.6 billion loan program. This decision was made just hours before IMF chief Kristalina Georgieva met with Ukrainian President Volodymyr Zelensky. The approval follows a staff agreement reached last month with Ukrainian authorities after the second review of […]

Market Talk – December 12, 2023

December 12, 2023

  ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 51.90 points or 0.16% to 32,843.70 Shanghai increased 12.00 points or 0.40% to 3,003.44 Hang Seng increased 173.01 points or 1.07% to 16,374.50 ASX 200 increased 36.30 points or 0.50% to 7,235.30 Kospi increased 9.91 points or 0.39% to […]

Tomorrow (12/13) at 10 AM ET – Limited Quantities Available

December 12, 2023

Did you miss out on our recent sale? Tomorrow (12/13) at 10 AM ET we will have a limited number available of the following products:  Widowmite with Roman Nail 1st Century AD  Victorinus (268-270AD) Debased Reduced Flan Coins We expect inventory to sell out fast, and items sold on a first-come, first-serve basis. Delivery is […]

The Second-Largest Contributor to US Private Debt

December 12, 2023

The Federal Reserve Bank of New York’s data shows that auto loans have surpassed student loans, becoming the second-largest debt burden for U.S. consumers. Auto loan debt has reached $1.582 trillion, exceeding the $1.569 trillion in student loan debt. This surge in auto loan debt is attributed to rising vehicle prices, leading consumers to take […]

Zelensky Visits White House Today – A Disgrace to Democracy

December 12, 2023

After threatening to send American troops to die in Ukraine if Congress did not approve the latest blank check for Ukraine, Biden has invited Zelensky to travel to the White House today. Press Secretary Karine Jean-Pierre said the invite will “underscore the United States’ unshakeable commitment to supporting the people of Ukraine as they defend […]

Britons Urged to Prepare for Cyber Attack or Power Grid Failure

December 12, 2023

https://www.armstrongeconomics.com/wp-content/uploads/2021/01/WEF-Cyber-Attack.mp4   Deputy Prime Minister Oliver Dowden has urged Britons to stockpile batteries, candles, torches, and radios to prepare for a possible cyber attack or power grid failure. Dowden claims that the public has become too dependent on electronics and must learn to survive without electricity. The government plans to launch a “resilience academy” to […]

DOJ Protecting President Biden – Equal Protection of the Law?

December 12, 2023

  https://www.armstrongeconomics.com/wp-content/uploads/2023/05/Huter-Biden-Tax-Fraud.mp4   COMMENT: Marty: You are very good at law. It looks to me that the DOJ is protecting Biden. When you look at the nine-count tax fraud indictment against Hunter, there is no mention of unpaid taxes from his million-dollar salary at Burisma, a Ukrainian gas company. Even the whistleblower emails suggested that […]

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