All posts in " Gov’t Incompetence "

CBDC & the Fall of Western Society

July 28, 2023

  QUESTION: You said that when Rome fell it took 700 years before gold coins reappeared. Are we facing something like that again? PO ANSWER: Yes, when Rome fell, gold continued in the East under the Byzantine and Islamic Empires. However, in Europe, the last Western emperor was Romulus Augustus (475-476AD) who was a puppet […]

Illogical Ship of Fools

July 27, 2023

  COMMENT: Thank you for your private blog on interest rates. We seem to have the dumbest people in government possible. How could they sell debt when China was the largest holder and then threaten them with war over Taiwan? A third-grader would see the illogical assumption in this position. If they cannot sell the […]

PRIVATE BLOG – The Debt Ceiling

May 20, 2023

PRIVATE BLOG – The Debt Ceiling 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 – The Debt Ceiling first appeared on Armstrong Economics.

Yellen & Biden Should be Impeached to Save America?

May 12, 2023

Janet Yellen has become way too partisan to be a trustworthy government official. Since Biden now says he will nominate a Latina for Fed governor regardless if they are qualified or not is precisely why SVB failed for starters. Everyone just wants to be WOKE and hire people based entirely on their race or gender […]

British Government has Lost its Mind

May 12, 2023

QUESTION: The rumor was that you were considering coming to London to hold a quick update WEC. Is there any chance of that? WJ ANSWER: You have good sources. Yes, I was considering that. Since the UK has insanely crossed Putin’s “red line” by sending Ukraine long-range “Storm Shadow” missiles to use in its fighting […]

Government’s Rule #1 – There are no Rules in time of Need

May 2, 2023

QUESTION: Mr. Armstrong; With Mexico pushing to nationalize mines claiming it is targeting lithium, many see this law as opening the door to seizing all mines. You have always warned that as we move closer and closer to 2032, governments will become more authoritarian because they feel that they are losing power. Do you see […]

Water Contamination – Is America Still a First-World Nation?

March 28, 2023

@johnniemac_first4848Breaking: The City of Philadelphia is recommending that residents use bottled water for drinking or cooking after a chemical spill into the Delaware River in Bucks County on Friday night. “Contaminants have not been found in our system at this time,” city officials said, however, testing continues.♬ original sound – Phillyfirst48 America is deteriorating so […]

Yellen Casts Doubt of Covering All Depositors

March 17, 2023

https://www.armstrongeconomics.com/wp-content/uploads/2023/03/Yellen-Doubt-on-Deposits.mp4   We have a serious problem here. Depositors in a bank are NOT risking their money as an investor in a hedge fund. They expect honesty and stability. If the bank is trading and doubles its money, it belongs to the shareholders – not the depositors. Likewise, a loss belongs to the shareholders and […]

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