The European Parliament elected a new speaker last week in an unusually hotly contested vote that could strengthen Euroskeptic forces at a time when the EU faces Brexit and questions about its future role. Meanwhile, Europe’s leaders were going at each other’s throats in Davos as the dispute over how to stop the EU from collapsing […]
For the first time, the head of the European Central Bank, Mario Draghi, has conceded the possibility that the EU may fall apart. Draghi came out and said that any member leaving the Eurozone would need to settle its claims or debts with the bloc’s payments system before severing ties. This statement reveals the heated […]
Angela Merkel and her party remain clueless about the economic history of Germany which has been made apparent through her insistence upon austerity that is tearing the EU apart at the seams. This is like blaming Trump for Hillary’s loss. Merkel’s belief that the quantity of money is the cause of inflation has been proven […]
QUESTION: Mr. Armstrong; I read your work on the euro from the nineties and how it would fail. Everything you laid out unfolded over the the subsequent 20 years. I assume you have discovered historical attempts to create a euro type system before aside from Napoleon. Can you point to any other references? HF ANSWER: History repeats […]
You can tell that Europe is breaking apart because the EU has gone too far. EU President Jean-Claude Juncker has warned against attempts to undermine or dissolve the European Union. “Those who believe that it is time to divide, dismember and divide the EU into national divisions are completely wrong,” said Juncker in Maastricht, the Netherlands. Europe […]
The EU is just insane. They cannot comprehend how to run an economy. The abuse on taxation assessments in the EU has led to McDonalds relocating its international headquarters from Luxembourg to the UK. The U.S. fast food chain announced last week that a new holding company was being established in the UK, where most of […]
Mario Draghi, extended the European Central Bank (ECB) $ 1.74 trillion bond purchase program to support the economy by nine months to at least the end of December 2017. This is far longer than most economists had expected. However, the monthly volume of currently €80 billion euros will drop to €60 billion euros from April 2017 […]
We are witnessing what a Private Wave is all about. The Italian Referendum came in on point with the NO vote at 59.4% against 40.6%. Our model is now four for four with BREXIT, Trump, Hollande in France exiting the election, and now Italy. We will see the same defeat for Merkel. What politicians do […]
Our computer has been doing a fantastic job forecasting BREXIT, then Trump and that Hollande would not make the final round for elections in France. But why are these events even important? No it is not that Trump will save the day. He will perhaps help give the USA some breathing room. But the collapse […]
Last July, Hungary’s polls showed that the people will NOT accept more refugees. Hungary’s Premier Viktor Orban was told his nation could be kicked out “forever” after “seriously” breaching basic values of the EU. He built a razor-wire fence along Hungary’s southern border to keep migrants out and even told Brussels to help Christian refugees before Muslims. He […]
