QUESTION: Marty, finally we decided to open a bank account in the USA which is not part of the CRS. But now we do not know which US-bank is safe enough and where to go! You mentioned that Goldmann Sachs, Citigroup, Morgan Stanley, Bank of America and JP Morgan Chase have derivative exposure linked back […]
QUESTION: Dear Martin, You have discussed the structural design flaw in the euro being due to the lack of consolidation of EU countries’ debt, as well as, EU policies that prohibit bank bailouts. Why could EU policies regarding the prohibition of bank bailouts just not be changed to allow for bailouts? If I understand correctly, […]
QUESTION: Dear Martin, I am a follower of your blog since I saw your film on a plane coming back from the US. Recently I purchased access to the private blog because I find priceless the nonbiased information you share with us. I am a middle-class European guy, with no investment, only a bit of […]
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Italy is again helping a troubled bank. The government approved an emergency ordinance to support the Volksbank Popolare di Bari on Sunday and provided grants of up to 900 million euros. Volksbank Popolare di Bari was founded in 1960 as a cooperative bank. However, funds from the Ministry of Finance will not go directly to […]
QUESTION: The distinction between the Repo Crisis and Quantitative Easing is the duration and purpose as distinguished from 2007-2009? HS ANSWER: Yes. Under QE, the Fed was buying in 30-year bonds in hope of creating a shortage of long-term paper that would in theory lead to consideration of buying long-term mortgage paper. It was trying […]
QUESTION: There are people claiming that Fed cannot buy directly from the Treasury and they are buying the same day issue in this Repo Crisis so that means they are monetizing the debt because foreigners are fleeing us Debt. This seems to lack any real substance and is nothing but opinion once again. Would you […]
QUESTION: Sir, Given the liquidity crisis and the problem to arrive from Europe, I have a question for us Europeans: when you are talking about Europe and failures to come, you mean: 1. euro zone countries ONLY? 2. EU countries which still hold their currency (eg. Romania)? 3. what about the UK? Thank you. SM […]
QUESTION: Dear Martin Armstrong, In your blog post “Liquidity Crisis & the Pending European Banking Crisis” Posted Oct 2, 2019 ” you write ‘Those in Europe who have a position in cash, it may be better to have shares or a private sector bond or US Treasury. Given the policy in Europe of no bailouts, […]
QUESTION: Hi Marty – Thank you for the insight you provide as regards how the world really works. Spending 10 minutes reading your daily blog is equivalent to hours of reading the MSM propaganda and trying to discern the truth. My question to you is in response to your 10/2/19 post >> Liquidity Crisis & […]
