In Asia, the Nikkei opened heavy on the back of a weak U.S. closing on Friday. The continued sell-off in oil prices also gave up ground after Toshiba’s stock declined 9.8%. Meanwhile in China, reports were running around the street … Continue reading
Something very interesting is unfolding. Included in the new year-end spending bill was a waiver of the Foreign Investment in Real Property Tax Act (FIRPTA), which had been implemented during the late 1980s when the Japanese were buying everything. They … Continue reading
QUESTION: Marty, Regarding the brief clip of Larry Summer’s opining on why economic declines are hard to predict, I was struck by the 2nd part of his explanation, which seemed to me to indicate that economists would not want to … Continue reading
The European banking crisis is brewing. Last month alone, the Bank of Italy poured €3.6 billion euros into Banca Marche, Banca Etruria (PEL.MI), CariChieti, and CariFeto to prevent their collapse. The money was funded by financing from healthy banks. This … Continue reading
Thousands of refugees disappeared in East Germany without a trace after the initial reception. This merely highlights the security risks for Europe as a whole. The politicians just do not get it. The situation cannot be properly managed. The idea behind … Continue reading
Denmark has been fighting against the EU trend of accepting unlimited amounts of refugees. This has been rising for behind the curtain there is now evidence emerging that ISIS has the ability to counterfeit Syrian passports. Denmark took an advertisement … Continue reading
QUESTION: Hi Martin, I have been a follower of your blog since The Forcaster was broadcasted on national tv in Sweden. My question is about periodtime, or frequency of the business cycle and the other cycles. As society today seems to … Continue reading
COMMENT: MA, OH things are bad out West.. the commodity downturn – oil and gas, basic metals – Iron ore Copper etc…and the housing market is the worst there OF all the Australian states :arrears and non performing past 90days … Continue reading
The Democrats are just as dirty as the Republicans. Both parties try their utmost to defeat democratic processes at every stage of the game. Sanders has been cut off from accessing the Democrat’s voter database. Hillary is claiming that her … Continue reading
COMMENT: Dear Mr. Armstrong, Dear Mr. Armstrong, What you wrote concerning the possible repeated start of the banks collapse from Austria, once again, is right. The biggest lenders in Romania are some Austrian banks, among some Greek ones which are … Continue reading
