Asia followed the bullish tone provided by the Federal Reserve with a gap higher opening of around 1%. Mainland China and Hang Seng managed to build upon this enthusiasm, eventually closing up almost 2.5% each. The same could not be said of Japan when the Nikkei had problems holding the 17k psychological level. Tomorrow being […]
Janet Yellen signaled that the Fed is grappling with the problem I have been warning about: the dollar has become the de facto currency and the Fed is indeed becoming the world’s central bank. Yellen has admitted that everyone is lobbying the Fed to surrender its domestic policy objectives for international ones. This is precisely […]
The outraged voters in Arizona are just another example of the growing feelings of anger toward government. One citizen captured it best after yelling at the corrupt politicians who rigged the election to ensure Hillary would win. “The corruption has become so prevalent that you became comfortable, and you became so comfortable that you became […]
Those in power who have something to lose always follow the same pattern of attacks. They are using the very same tactics against Trump and Farage of portraying them as racists because both are against immigration — but they are really against the establishment. When I was in London, I bumped into the very same […]
Most markets were undecided on which way to play ahead of today’s main event, and so moves were light and limited. Asia saw all core indices tussle between black and red, and with the exception of China all closed pretty much unchanged. Shanghai closed down 1.3% but that was after a late recovery rally at the […]
We have completed porting over the first memory node in our artificial intelligence system. There are three more to finish. Nevertheless, the first memory node will improve the text in the Investor section. We hope to have most of this uploaded this week. Below is a sample of what Socrates wrote for the Chinese yuan. […]
https://www.armstrongeconomics.com/wp-content/uploads/2016/03/Indicators.mp4
Be it nature or politics, everything dies in a Phase Transition. The fall of communism in 1989 was abrupt and swept from China to Russia within a matter of months. Western political systems will simply collapse by this same process. Everything dies in an explosive Phase Transition. It is said when you die you see your […]
Whenever the establishment is seriously threatened, they respond with assassination. This is historically the normal in all cultures. One of the more credible conspiracies about the Kennedy assassination centers on the fact that he was against expanding the military and opposed starting the Vietnam War. After Lyndon Johnson approved the war, he latter commented how […]
