Within days of Davos, here is the European Commission statement on moving forward to eliminate cash. This is an “Inception Impact Statement” to provide notice to those involved and to ask for comments back. Everything is couched in terms of terrorism, but in fact it is to hunt taxes and eliminate our freedom to privacy […]
https://www.armstrongeconomics.com/wp-content/uploads/2017/01/ACLU.mp4 You have to listen closely to this video of ACLU Executive Director Anthony D. Romero coming out of the court where the ACLU just argued and won block of Trump’s Muslim ban according to them. He is giving the impression that he beat Trump on everything – which he did not. Pay close attention […]
The EU leadership is attempting to minimize the importance and the explosive result of BREXIT. While the leaders merely yell “You will still regret it”, the disintegration of the EU has already begun and they are clueless as to what is really at stake. While many just focus of trade, the entanglement is far more complex than […]
COMMENT: Sir, Thanks for all you do. As you have been teaching, do the math. What would be the financial implications of CALIEXIT be? In other words , how much would the rest of the country save if we voted California off the island? You have already enlightened us to the fact that they asked behind […]
COMMENT: I am shocked that these animals would rape a girl and broadcast it live. They have to be idiots on top of being animals. PK REPLY: The critical point here is NOT the act of rape. If someone carried out a rape and KNEW it was wrong, then they would also try to hide […]
A proposal for California to secede from the United States was actually submitted to the Secretary of State’s Office this week. The proposed “CALEXIT” proposition plans to ask voters to repeal part of the state constitution that declares California an inseparable part of the USA. Recent polls found that one in three California residents want to […]
A quiet market for many in Asia ahead of Chinese New Year and the subsequent national holidays. In Japan the inflation data was marginally better than previous (+0.1% v’s prev. +0%) which helped the Nikkei add additional gains but were slowed somewhat by Consumer Price data. However, this had an effect on the JPY which […]
Many people in the United States are outraged that Trump is requiring people from certain Muslim countries to be cleared before entry. Yet, these people are clueless. Even Former U.S. Secretary of State Madeleine Albright who wants to defend immigration fails to get the issue. In Sweden, three refugees gang raped a girl for three hours […]
The 2017 outlook report provides an overview of the world economy by connecting the dots globally. We have looked at the Trump Rally or Trump Bubble that dominates the financial headlines as well as the question of Free Trade coming under assault by Trump and the rising trend of protectionism. We have paid close attention to Greece […]
