All posts in " Economics "

Unemployment will Rise During Trump Administration

December 10, 2024

The Jobs report illustrates the silent, disturbing reality that has been the truth behind the disastrous Biden-Harris administration’s economic agenda and misplaced priorities from Russia, Russia, Russia to climate change, and the Schwab Agenda from Davos. The reactions from the mainstream media and Washington elites continue the propaganda and skewing of the data to serve […]

The Coming EU Depression into 2028?

December 3, 2024

QUESTION: I want to apologize and thank you. I thought you were just a Trump supporter, but your warning that his tariffs can send the world into a depression demonstrated not just that I was wrong but that you are a genuinely impartial and independent voice in the wilderness. Here in Europe, for the last […]

Yellen’s Legacy as US Treasury Secretary – A Study in Bidenomics

November 26, 2024

Janet Yellen will finally step down from her role as Treasury Secretary in January, leaving a massive mess for her replacement, Scott Bessent. The budget deficit surpassed $36 trillion under the Biden-Harris Administration, with Yellen touting that the US had an endless supply of funds to spend and imaginary success of Bidenomics. As head of […]

The Recession into 2028 Trump Does Not Understand

November 17, 2024

QUESTION: Mr. Armstrong, thank you for the WEC. Many people feel this was your best. Your solution to save our country was spectacular, and you deserved the standing ovation. My question is that you said that Trump and RFK would not listen to you despite everything you have done. You did not explain why. May […]

What Makes the Dollar the World’s Reserve Currency?

November 13, 2024

Throughout history there has always been a dominant currency. As each empire became the new financial capital of the world, their currency became the most prized and tended to circulate around the globe into even the fringe economies that they may have never heard of at that moment in time. The dollar is basking in […]

The October Jobs Report – USA

November 4, 2024

The job market is cooling across America, slowing to a pace not seen since late 2020 during COVID lockdowns. Now, one must remember that natural disasters decimated numerous states. Yet, I tend to look at two things – public sector growth and manufacturing. Unemployment stands at 4.1%, while the measure of discouraged and underemployed workers […]

Tax Reform = Social Security Reform

November 3, 2024

QUESTION: Mr. Armstrong, I’m sure you do not remember me. I worked on Capital Hill when you were shuffling around the halls pitching to reform the debt and social security. This interview was too short, and you did not get to explain the full scope of what you were doing. I think you should also […]

The Solution

November 1, 2024

  People are writing to ask if Trump is adopting our solution since he talked about eliminating the income tax, which I was proposing during the ’90s. There is no longer a need for income taxes at the federal level because money is no longer tangible. Taxes were necessary when money was gold and silver […]

US Budget Deficit Third-Highest on Record

October 23, 2024

The United States Treasury reported a $1.833 trillion budget deficit for the fiscal year ending September 30. This marks the third-highest deficit on record, but it is solely due to government spending. The highest deficit happened in 2020 during the disaster of COVID, and second behind is the clean-up year of 2021 when the deficit […]

Americans come last – ALWAYS!!!!!!

October 3, 2024

The Biden Administration, under the Neocons’ control, has sent Ukraine $24.4 billion. The Ukrainian population is about 28 million, minus all the ethnic Russians in the Donbas, which would be about 42 million combined. That means the Biden Administration has sent the equivalent of $871 per person, but it does not go to the people. […]

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