QUESTION: Controls v Protectionism If capital controls would be such destructive measure, then China already has in place what one would consider Capital Controls and if they were to lift their control a lot of money will leave China – why is that not destructive: as you mention that the centre of finance will move […]
QUESTION: Dear Martin, Whereas for years you have put in a solid 5,000 year data for arguing for no individual taxes yet in countries around the Middle East there is no income tax. Yet they have not made any dynamic economic progress as such. I mean the evidence is seen by us live. How do […]
QUESTION: Do you support Trump and his trade war with China? QW ANSWER: No. Trump is living in an old world view of trade. The numbers are not accurate to begin with. The United States for years actually relied on economic interdependence with China as a stabilizing force in relations with Beijing on geopolitical levels. […]
Trump wrote on Twitter over the weekend that tariffs on $200 billion in Chinese goods could rise to 25%. He said that a 25% tariff will soon be assigned to a selection of $325 billion in presently untaxed goods. The tweet sent the Dow Jones Industrial Average down sharply while the yield on the 10-year […]
QUESTION: Mr. Armstrong; I believe you said at the WEC in 2017 that central banks will diversify and increase their gold reserves going into the currency crisis coming in 2021. China has continued to increase its gold reserves. You would please update on that development. Thank you PK ANSWER: Central banks are in a very […]
QUESTION: Did China also send troops to Venezuela? What do you make of that? GW ANSWER: Yes. This is part of the fallout from the Democrats attacking the Russians for Hillary’s loss to Trump. Venezuela still subscribed to Communism. Neither Russia nor China agrees with that philosophy. Therefore, what they are doing is merely opposing the USA […]
China is advancing in technology very rapidly. They have succeeded in connecting a human brain to the brain of a rat. This connection is then able to send an instruction to the brain of the rat which compels it to respond in a directed movement. To create a “rat cyborg” as the scientists call them, researchers […]
QUESTION: Hello Martin Armstrong, Australia seems to have one foot in the West and one in the East. With the fall of the Western economies and then the rise of Asian economies, how does that affect the Australian economy? Does the real estate bubble collapse the Aussie economies and then the rise of China creates the […]
The Sovereign Debt Crisis in China among the provisional governments is alive and well. The off-balance sheet government liabilities in the regions amounted to an estimated 40 trillion yuan which is almost $6 trillion. Some are calling this a “gigantic credit risk” which is a hidden liability. This represents 60% of GDP which bypasses the […]
Some people have written in and asked why we have issued a report that shows how and when China will displace the USA and the West as the Financial Capital of the world. Let me explain some interesting facts. If we look at the top ten cities for tourism, you will find that the half […]
