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The 1848 Berlin Revolution QUESTION: You have mentioned that the 1848 Communist Revolution that swept all of Europe was a political contagion. Am I correct in assuming this is what you suggest comes post 2024 going in 2032? Paul The French 1848 Revolution ANSWER: Yes. We all have heard of the 1846 -1852 Great Hunger/Great […]
PRIVATE BLOG – Will Europe Enter a Death Spiral? Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/ The post PRIVATE BLOG – Will Europe Enter a Death Spiral? first appeared on Armstrong Economics.
COMMENT: Martin, After several years of reading your blog, I have concluded that Socrates’ prognostications appear to be spot on. I also share your assertion that a study of history supplies an insight into future events due to the constancy of “human nature.” Where we appear to part ways is in the definition of “money.” […]
QUESTION: Marty; Why is Legarde pitching Euro Green Bonds when they lose money? JL ANSWER: If she can use the climate change nonsense to shame Germany into agreeing to issue Eurobonds, it would be a step to eliminate the refusal to issue a single European debt. If Legarde can sell that issue, then it […]
Easter is historically the most confusing holiday. Besides the calculation being complex, the traditions are also a blend of various different cultures. I have written how New Year’s Eve is really a Roman tradition celebrating the god Janus who was pictured with two faces one looking back and the other to the future. Christmas is […]
There is little doubt that Spain was once the Financial Capital of the West. Their discovery of America produced mountains of gold and silver to the point that they really impacted the European economy creating significant waves of inflation. However, there was the War of the Spanish Succession (1701–1714) which was why the famous Spanish […]
QUESTION: Can you shed any light on the history of money in Portugal. There seems to be scant discussion of this subject. Thank you ANSWER: The first coinage of Portugal really is Roman and it appears to be struck by the first Roman Emperor Octavian/Augustus (27BC-14AD). The location of the mint was the city of Évora. […]
The old-school ideas of economic theory will ensure that Socialism collapses and very hard at that. The German influence upon Europe has infected the mindset of most northern Europeans. French President Emmanuel Macron has come out an made public debt one of the key points of his policy. Macron is supporting austerity and thus the EU’s guidelines. The French […]
The demand for cars has been declining rapidly in Britain and that is impacting German car sales rather sharply. All price levels in cars have been declining, not just the high end. The sales figures for small cars and the medium class have already declined significantly in the last few months. Now the losses are […]
