The US national debt has exceeded $33 trillion and counting. For decades, people have predicted that the dollar will crumble to dust and gold will rise to the moon. They have applied to the Austrian School of Economics to no avail. Then you have the opposite side pushed by economists like Nobel Prize-winning economist Paul […]
QUESTION: What do you make of the US debt downgrade? Do you think this has anything to do with indicting Trump in three courts? I know many people decided to donate to Trump today, even for the first time, as a sign of disapproval of the Biden Administration and the RINOs. HJ ANSWER: It is […]
QUESTION: Dear Mr. Armstrong, could you please explain what happens in technical terms from a capital flow perspective, when confidence is lost and hyperinflation starts to begin? For example Turkey. When Erdogan was elected i think you wrote that ever since the lira started dropping. So confidence in politics is key. Do you think one […]
COMMENT: Marty, the Senate passed the Debt Ceiling. It is amazing how Socrates shows there was no debt crisis. As you wrote “When we look at the Array, we do not see a crisis with the debt ceiling.” I do not know how it does this, but what you have created is truly a gift […]
COMMENT: Hello Martin, The debt ceiling is pi!! = 31.4 trillion $ Coincidence? Best regards from Vienna and thanks for what you are doing. Ralf REPLY: Yes, very interesting. This is no doubt the major turning point on debt and this is on a global scale. It is not the collapse of the debt just […]
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.
PRIVATE BLOG – The Debt Crisis – Bonds v Dow 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 Crisis – Bonds v Dow first appeared on Armstrong Economics.
PRIVATE BLOG – The Debt Crisis of June 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 Crisis of June first appeared on Armstrong Economics.
Interpretation of the Constitution is often caught up in controversy. What is beautiful to one person is average or ugly to another. The best construction regarding law was the cornerstone of Justice Scalia who I regard as probably one of the most brilliant minds that ever sat on the bench. Of course, the left […]
QUESTION: The sales pitch seems to be that there is this $2 quadrillion in global debt that overhangs everything. Paper assets, therefore, will all implode! They seem to be saying that everything has risen due to this debt bubble and it was all created with Zero interest rates. Now that they are going up, the debt […]
