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Month: April 2019

Austria Moves to Tax Online Companies

The EU has been unable to agree on taxing the internet. As a result, Austria went ahead and passed its own digital tax this week on revenues earned by online...

Did Life Insurance Companies Survive the Great Depression?

QUESTION: Did insurance companies just declare bankruptcy during the 1930s to escape liabilities? PD ANSWER: Personally, I have NEVER had an insurance policy that...

Erdogan Demands Recounts

Turkish President Recep Tayyip Erdogan and his Justice and Development Party (AKP) have demanded recounts in 39 districts that they lost and have prevailed on...

German Economy Turning Down Hard into 2020

The German economy is what holds up Europe. The data on the industrial sector in Germany is out and it has disappointed everyone once again with production dropping...

Global Warming Hits London

It actually snowed in London this past April. Heavy snow caused sheer chaos across much of the UK.  The snow and hail even hit London where it rarely ever...

Market Talk – April 5, 2019

Asia: Chinese Vice President Liu backed by his delegation stated that a new consensus has been reached after yesterday’s meeting with President Trump. The two...

Why Has Everything Turned Sour? Is it the Press? Or is the Press Part of the Cycle?

QUESTION: Hello Mr. Armstrong, I´d like your opinion on this, During 7 Decades in which our lives got better, longer, richer, safer, healthier, better educated,...

Is Gold Still Liquid in Bullion Form?

QUESTION: Hi Martin– Thank you for your daily blog. I read it first thing each morning. Regarding the bank liquidity problems with the Eurozone banks: would...

Most British Now Just Want to Leave with NO DEAL – Get out while they can the polls show

Perhaps there is some new plague that only affects politicians on a global scale. It seems no matter what country we look at, it is simply going completely insane...

Market Talk – April 4, 2019

Asia: MIT university announced today that they have terminated funding and research links with China’s Huawei and ZTE. The decisions comes amid ongoing tensions...