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Month: May 2015

Denmark Preparing to be the First to Eliminate Cash

Denmark is not part of the euro; they have their own currency, the krone. So far, they appear likely to become the first country to abolish cash. The Danish...

The Nationalization of Banks?

Mayer Amschel Rothschild, founder of the Bank of Rothschild, is commonly misquoted to have said: “Let me issue and control a nation’s money and I care...

Who Really Has the Power Today?

QUESTION: Dear Mr. Martin Armstrong: I hope you are doing well and congratulations for your successful European tour. Based on your experience, Do you believe that...

How to Read the Forecast Array

The top line is the composite of all 72 models. You can see clearly that there is a choppy but declining trend into May 2015. From May onward, there would be a...

Original Version of the Dog Joke

Martin, The joke originated as follows: A reporter approaches a Russian, a North Korean, a Saudi, and a native New Yorker and asks, “Excuse me gentlemen, what...

Abolishing Cash – New Age of Economic Totalitarianism

Europe is moving full speed ahead to eliminate all cash. Instead of reforming and tackling the economic problems, government always seeks to maintain the same...

Germany Goes Nuts: Coincidence, Luck, Influence or Something Else?

QUESTION: Mr. Armstrong, I realize you do not believe you are influential. However, you began your European tour on April 28th and ever since the bond markets have...

The Collapse of Socialism – It’s Our Turn up to Bat

The entire idea of Marxism is coming to a real crash and burn. China and Russia experienced that collapse in 1989.95 with the turn in the Economic Confidence...

Hillary – The Corruption Never Ends

More and more details keep surfacing about the corruption of the Clintons. The biggest contributors to Hillary are Goldman Sachs, J.P. Morgan, and Citibank. After...

Poland – Zloty

Poland is legally obliged to switch its currency to the euro under the terms of its 2004 EU entry. Nonetheless, Poland has continually demurred amid the...