We ABSOLUTELY must understand that Merkel is on her way out and she has been the face of the entire European Union. This is incredibly important for it WILL ultimately undermine the Euro itself. Keep in mind that the entire play within Euroland has been to buy the Bunds and sell just about everything else. The […]
Both the SPD and the CDU have suffered serious major losses in the state elections in Hesse. The CDU and SPD have accepted the expected clear defeat where they lost some 10% of the votes compared to the last election and it is really all about the Refugee issue. The Greens have won sharply as […]
COMMENT: I read your piece that parliamentary governments are far more dangerous than your American system because it allows minorities to gain the upper hand and rule a country. That is clearly the case here in Germany. Merkel does not have the majority yet she leads the country and Europe. Thank you for your in-depth analysis GH […]
It is really mindblowing how politicians simply refuse to admit a mistake with the refugees and reverse course. Merkel has dug in her heels in over this issue and it is just not going to get better. From the outset, I warned that in an economic decline, the last thing you do is accept immigrants. […]
Many people have initially said that the far-right Alternative for Germany (AfD) party would never rise. The AFD has now has risen to the second highest party in Germany. It is truly astonishing that people just never look at history. I have received many emails from Germany asking how could I have forecast that they […]
The Pension Crisis is starting to be noticed in Europe. The German Finance Minister Olaf Scholz is arguing that the federal government has to guarantee the pension level until 2040. He is arguing that the government MUST come up with a plausible financing model which seems actually impossible. The increase in taxes to cover pension that […]
Italy is the third largest economy in Europe just behind France, but it is number two insofar as industrial production is concerned. The French manufacture three main brands, Peugeot, Citroen, and Renault, in the world of automobiles which are not very popular in the USA. The Italians, however, have the more recognized brands worldwide such as Ferrari, […]
QUESTION: Mr. Armstrong; I know you say you do not advise the IMF. But whatever you write, they follow and repeat. So they are following your blog at least and they implement whatever you say. This is very curious. They are now saying that Germany’s export model economy is threatening the world economy. You were […]
The polls in Germany show that discontent is now rising and 43% of the people want Merkel to resign. She only won 32.8% to begin with. Germany is also shifting and nationalism is rising, which is what the AfD is all about these days. A YouGov survey showed that 43% of Germans now want her to leave office, […]
Angela Merkel promised the German people that she would not just hand Greeks money as she does with the refugee, no, she would make them pay dearly for allowing Goldman Sachs to structure deals to get them in the Eurozone. Indeed, she has kept her word. In response to a parliamentary question from the Green Party, […]
