The Swiss Central Bank lost 50 billion Swiss francs on the Euro Peg. That works out to 6,250 CHF per person including children. So every couple lost 12,500...
The IMF has now recommended that Switzerland should DEVALUE the franc by increasing its money supply. This is advice from the IMF run by a lawyer who clearly knows...
Believe of not, the French have now passed a law that prohibits thin girls from working as models in Paris. Under the law, models will have to show they have a...
COMMENT: Marty, the demonstration of Socrates at the conference was mouthwatering. With everyone in less than 6 months claiming to have artificial intelligence is...
There is also a referendum that will come up with the same stupid idea that all credit decisions should be handed to the central bank now in Switzerland. If these...
QUESTION: Hi Martin, I read the Iceland proposal before you posted your comment about it. I knew intuitively it wouldn’t work because they were putting...
COMMENT: Dear Marty, My favorite part of The Solution is that it is so logical. If something can move us forward from this mess in which we are that is logical...
There is a significant problem insofar as people do not comprehend how the economy evolves. We move through these waves of Creative Destruction and the skill sets...
The capital flows have already shifted. It is amazing that people remain trapped in their little world of nominal terms. One comment “The US economy has...
QUESTION: Mr. Armstrong; Thank you for paying attention to Iceland. You are absolutely correct. The banks failed because of Lehman paper. The bankers harmed the...
