When it comes to taxes, just shut up and pay. It does not matter what the “intent” is — just pay. The German High Court upheld a broadcasting tax that requires everyone to pay for TV and radio. It seemed logical to question why someone should pay the tax if they do not own a TV or […]
We must face the fact that we are in a slowing global economy and governments simply have their fingers crossed in hopes this nightmare just corrects itself. There is a massive slowing of real income in Europe and the OECD has commented that this is creating a serious political problem for governments moving forward. Central banks cannot stimulate, because at […]
The big US banks — JPMorgan Chase, Goldman Sachs, Bank of America, Citigroup, and Morgan Stanley — have large operations employing tens of thousands of people in the UK. They have historically set up their regulated businesses in Britain and then used its right to “passport” into the rest of the 28-member bloc. Lawyers are […]
Since the publication of the Panama Papers, the assets of the wealthy from around the world have been flowing into United States at a sharply increased pace. Tracking capital flows has revealed that capital outflows of liquidity from the EU have distinctly accelerated. The United States is definitively becoming the replacement for Switzerland. The IRS has even […]
“British anti-terror police found a mini-arsenal of weapons when they raided a London mosque linked to a number of key terrorist suspects,” CNN reports. They discovered an arsenal of at least 100 weapons, including war-grade automatic firearms and a huge amount of ammunition. Similar caches linked to mosques are now suspected throughout Europe. This is starting […]
Austria’s Constitutional court has ordered that the May’s presidential election be completely annulled. A new election must be held because of “particularly serious cases” of voting fraud that was detected in the vote. If the election is not rigged, then we may have another country seek to exit the EU or give them a good […]
QUESTION: Mr. Armstrong, I attended the Berlin Conference. I must say, I am impressed. You said Europe was the problem and this is still unfolding with every passing day. I understand this was not you personally. This is the computer. It can really project the future long term. That is what you were forecasting. I […]
QUESTION: There are now stories appearing about this nine-page document calling it and ultimatum for a superstate. But they are not publishing the document. Since you may have been first to report this, do you have the document? ANSWER: Yes. Please note that this is a radical proposal that sees the “European Project” (EU) as […]
https://www.armstrongeconomics.com/wp-content/uploads/2016/06/Hollande.mp4
